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December 8, 2021updated 27 Apr 2022 12:06pm

Permian Basin Unconventional (Hunt Oil Company) TX Unconventional Oil Field, US

By Carmen

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

Field participation details

The field is owned by Hunt Consolidated.


Production from Permian Basin Unconventional (Hunt Oil Company) TX

The Permian Basin Unconventional (Hunt Oil Company) TX unconventional oil field recovered 35.30% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 33.3 thousand bpd of crude oil and condensate and 143 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2041.


Remaining recoverable reserves

The field is expected to recover 149.23 Mmboe, comprised of 109.35 Mmbbl of crude oil & condensate, 209.4 bcf of natural gas reserves and 4.98 Mmbbl of natural gas liquid reserves. Permian Basin Unconventional (Hunt Oil Company) TX unconventional oil field reserves accounts 0.18% of total remaining reserves of producing unconventional oil fields globally.


About Hunt Oil

Hunt Oil Co (Hunt Oil) subsidiary of Hunt Consolidated Inc, is an independent upstream company. It carries out exploration, production and development of oil and natural gas. In the US, it has acreage and active programs in the Williston Basin (Bakken) of North Dakota, the Permian Basin of West Texas, Eagle Ford Play of South Texas, and Appalachian Basin (Marcellus) in Pennsylvania, and West Virginia. Hunt Oil also carries out construction and operation of liquefied natural gas (LNG) projects in Yemen and Peru. The company has operations in America, Europe, Africa and the Middle East. It is a subsidiary Hunt Consolidated Inc. Hunt Oil is headquartered in Dallas, Texas, 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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