Vito is a conventional oil development located in deepwater in the US and is operated by Shell Offshore. Discovered in 2009, Vito lies in block Mississippi Canyon 940, Mississippi Canyon 984, Mississippi Canyon 941, and Mississippi Canyon 985, with water depth of around 4,038 feet.
The project is currently in commissioning stage and is expected to start commercial production in 2022. Final investment decision (FID) of the project was approved in 2018. The Vito conventional oil development will involve the drilling of approximately eight wells and includes FPU, subsea manifold, and subsea trees.
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Field participation details
The field is owned by Equinor and Shell.
Production from Vito
Production from the Vito conventional oil development project is expected to begin in 2022 and is forecast to peak in 2024, to approximately 74,193 bpd of crude oil and condensate and 87 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2044.
Remaining recoverable reserves
The field is expected to recover 295.23 Mmboe, comprised of 244.22 Mmbbl of crude oil & condensate and 306.08 bcf of natural gas reserves.
Contractors involved in the Vito conventional oil field
Some of the key contractors involved in the Vito project as follows.
Design/FEED Engineering: Jacobs Engineering Group and Worley
EPC Contractors: Gate, Jumbo Maritime and Sembcorp Marine
Other Contractors: Balltec, Balmoral Group, Deep Down, Oceaneering International and Schlumberger
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By GlobalDataAbout 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.
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.
