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December 3, 2021updated 27 Apr 2022 12:39pm

Phoenix Conventional Oil Field, US

By Carmen

Phoenix is a producing conventional oil field located in deepwater in the US and is operated by Talos ERT. The field is located in block Green Canyon 236, Green Canyon 237, Green Canyon 281, Green Canyon 280, Green Canyon 282, and Green Canyon 238, with water depth of 2,760 feet.

Field participation details

The field is owned by Talos Energy and Kosmos Energy.


Production from Phoenix

The Phoenix conventional oil field recovered 45.58% of its total recoverable reserves, with peak production in 2002. The peak production was approximately 27.87 thousand bpd of crude oil and condensate and 40 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2059.


Remaining recoverable reserves

The field is expected to recover 124.28 Mmboe, comprised of 102.31 Mmbbl of crude oil & condensate and 131.84 bcf of natural gas reserves. Phoenix conventional oil field reserves accounts 0.03% of total remaining reserves of producing conventional oil fields globally.


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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