Tahiti is a producing conventional oil field located in deepwater in the US and is operated by Chevron USA. The field is located in block Green Canyon 596, Green Canyon 597, and Green Canyon 640, with water depth of 4,299 feet.
Field participation details
The field is owned by TotalEnergies, Equinor and Chevron.
Production from Tahiti
The Tahiti conventional oil field recovered 56.64% of its total recoverable reserves, with peak production in 2010. The peak production was approximately 110.57 thousand bpd of crude oil and condensate and 60 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2058.
Remaining recoverable reserves
The field is expected to recover 319.71 Mmboe, comprised of 264.56 Mmbbl of crude oil & condensate and 330.87 bcf of natural gas reserves. Tahiti conventional oil field reserves accounts 0.07% of total remaining reserves of producing conventional oil fields globally.
About Chevron USA
Chevron USA Inc (Chevron) is a Subsidiary of Chevron Corp, is an integrated energy company that explores, extracts, and produces crude oil, natural gas, and natural gas liquids. The company also refines, markets, and distributes products derived from petroleum (diesel, gas, motor oil, fuel and lubricant additives). Chevron is headquartered in San Roman, California, US.
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.