Rydberg is a conventional oil development located in ultra-deepwater in the US and is operated by Shell Offshore. Discovered in 2014, Rydberg lies in block Mississippi Canyon 525, with water depth of around 7,479 feet.
The project is currently in feasibility stage and is expected to start commercial production in 2025.
Field participation details
The field is owned by Shell, Ecopetrol and China National Offshore Oil.
Production from Rydberg
Production from the Rydberg conventional oil development project is expected to begin in 2025 and is forecast to peak in 2028, to approximately 15,487 bpd of crude oil and condensate and 15 Mmcfd of natural gas. 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 106.55 Mmboe, comprised of 91.93 Mmbbl of crude oil & condensate and 87.74 bcf of natural gas reserves.
Contractors involved in the Rydberg conventional oil field
The key contractors involved in the Rydberg project as follows.
Other Contractors: Noble
About Shell Offshore
Shell Offshore Inc (Shell Offshore) an oil and gas company which offers the wholesale distribution of petroleum and petroleum products. The company is headquartered in Houston, Texas, the US.
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.