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December 7, 2021

Permian Basin Unconventional (Callon Petroleum Operating Company) TX Unconventional Oil Field, US

By Carmen

Permian Basin Unconventional (Callon Petroleum Operating Company) TX is a producing unconventional oil field located onshore the US and is operated by Callon Petroleum.

Field participation details

The field is owned by Callon Petroleum.


Production from Permian Basin Unconventional (Callon Petroleum Operating Company) TX

The Permian Basin Unconventional (Callon Petroleum Operating Company) TX unconventional oil field recovered 29.47% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 51.41 thousand bpd of crude oil and condensate, 117 Mmcfd of natural gas and 19.64 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2037.


Remaining recoverable reserves

The field is expected to recover 232.84 Mmboe, comprised of 142.76 Mmbbl of crude oil & condensate, 312.21 bcf of natural gas reserves and 38.05 Mmbbl of natural gas liquid reserves. Permian Basin Unconventional (Callon Petroleum Operating Company) TX unconventional oil field reserves accounts 0.25% of total remaining reserves of producing unconventional oil fields globally.


About Callon Petroleum

Callon Petroleum Co (CPC) is an oil and gas company that offers building reserves and production of onshore and offshore oil and natural gas. The company carries out acquisition, development, exploration, and exploitation of unconventional onshore, oil, and natural gas reserves. It operates various properties such as Permian Basin in West Texas; the Haynesville Shale in Louisiana; the Gulf of Mexico Deepwater and Gulf of Mexico-Shelf. The company also has reserves located in the continental US and in federal and state waters in the Gulf of Mexico. It operates in Natchez, Midland and Houston, the US. CPC is headquartered in Natchez, Mississippi, the US.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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