Spruance is a conventional oil development located in deepwater in the US and is operated by LLOG Exploration Offshore. Discovered in 2019, Spruance lies in block Ewing Bank 877, Ewing Bank 921 (G36704), and Ewing Bank 921 (G36876), with water depth of around 1,572 feet.
The project is currently in approval stage and is expected to start commercial production in 2022.
Field participation details
The field is owned by Houston Energy Deepwater Partners Spruance, Red Willow Production, Beacon Asset Holdings, HEDV Spruance, CL&F Resources, Palm Energy Partners, Ridgewood Energy and LLOG Exploration.
Production from Spruance
Production from the Spruance conventional oil development project is expected to begin in 2022 and is forecast to peak in 2025, to approximately 11,384 bpd of crude oil and condensate and 9 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2064.
Remaining recoverable reserves
The field is expected to recover 73.48 Mmboe, comprised of 65.3 Mmbbl of crude oil & condensate and 49.11 bcf of natural gas reserves.
Contractors involved in the Spruance conventional oil field
The key contractors involved in the Spruance 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.