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April 28, 2022

Shenzi North Conventional Oil Field, US

By Carmen

Shenzi North is a conventional oil development located in deepwater in the US and is operated by BHP Billiton Petroleum (GOM). Discovered in 2015, Shenzi North lies in block Green Canyon 653, Green Canyon 609, Green Canyon 610, and Green Canyon 654, with water depth of around 4,294 feet.

The project is currently in approval stage and is expected to start commercial production in 2024. Final investment decision (FID) of the project was approved in 2021. The development cost is expected to be $544 m.

Field participation details

The field is owned by BHP and Repsol.


Production from Shenzi North

Production from the Shenzi North conventional oil development project is expected to begin in 2024 and is forecast to peak in 2027, to approximately 28,203 bpd of crude oil and condensate and 11 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2070.


Remaining recoverable reserves

The field is expected to recover 149.03 Mmboe, comprised of 139.73 Mmbbl of crude oil & condensate and 55.83 bcf of natural gas reserves.


Contractors involved in the Shenzi North conventional oil field

The key contractors involved in the Shenzi North project as follows.

Other Contractors: Trendsetter Engineering

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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