Vincent is a producing heavy oil field located in deepwater in Australia and is operated by Woodside Energy Group. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block WA-28-L, WA-28-P, and WA-155-P, with water depth of 1,253 feet. Buy the profile here.
An expansion project is associated with the Vincent, namely the Vincent Future Development. This project is currently in the feasibility stage.
Field participation details
The field is owned by Mitsui and Woodside Energy Group.
Production from Vincent
The Vincent heavy oil field recovered 49.43% of its total recoverable reserves, with peak production in 2012. The peak production was approximately 28.56 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2068. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 100.57 Mmboe, comprised of 100.57 Mmbbl of crude oil & condensate. Vincent heavy oil field reserves accounts 0.23% of total remaining reserves of producing heavy oil fields globally.
Contractors involved in the Vincent heavy oil field
The key contractors involved in the Vincent project as follows.
Other Contractors: Shearwater GeoServices Holding
About Woodside Energy Group
Woodside Energy Group Ltd (Woodside), formerly Woodside Petroleum Ltd, is an independent oil and gas company that explores, develops, produces, and supplies energy. It explores and produces oil and gas from a portfolio of facilities in association with some of the world’s major oil and gas companies. The company operates liquefied natural gas trains, offshore gas platforms, and oil floating production storage and offloading (FPSO) vessels. Woodside also operates a network of subsea and pipeline infrastructure in Australian waters. Woodside maintains international exploration assets in Oceania, Africa, Asia, the Americas and Europe. Woodside is headquartered in Perth, Western Australia, Australia.
For more details on the Vincent Heavy Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
