Spectacular is a producing conventional oil field located in shallow water in the US and is operated by Flextrend Development. The field is located in block Garden Banks 72, with water depth of 745 feet.
Field participation details
The field is owned by Flextrend Development.
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Production from Spectacular
The Spectacular conventional oil field recovered 99.97% of its total recoverable reserves, with peak production in 2000. The peak production was approximately 0.97 thousand bpd of crude oil and condensate and 22 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.
Remaining recoverable reserves
The field is expected to recover 0 Mmboe, comprised of 0 Mmbbl of crude oil & condensate and 0 bcf of natural gas reserves.
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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