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April 28, 2022

Putu Conventional Oil Field, US

By Carmen

Putu is a conventional oil development located onshore the US and is operated by ConocoPhillips Alaska. Discovered in 2018, Putu lies in block ADL 391915 and ADL 390674.

The project is currently in feasibility stage and is expected to start commercial production in 2026.

Field participation details

The field is owned by ConocoPhillips.


Production from Putu

Production from the Putu conventional oil development project is expected to begin in 2026 and is forecast to peak in 2029, to approximately 33,363 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2071.


Remaining recoverable reserves

The field is expected to recover 187.19 Mmboe, comprised of 187.19 Mmbbl of crude oil & condensate.


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.

Related Companies

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