Baldpate is a producing conventional oil field located in deepwater in the US and is operated by Hess. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Garden Banks 216, Garden Banks 260, and Garden Banks 259, with water depth of 1,650 feet. Buy the profile here.
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Field participation details
The field is owned by Hess and Occidental Petroleum.
Production from Baldpate
The Baldpate conventional oil field recovered 96.57% of its total recoverable reserves, with peak production in 2000. Based on economic assumptions, production will continue until the field reaches its economic limit in 2029.
About Hess
Hess Corporation (Hess) is a global independent energy company primarily engaged in the exploration and production of crude oil and natural gas. Its main operations include the extraction of crude oil and natural gas and the development of shale plays. Hess carries a leading position in North Dakota and Ohio. The company offers its crude oil and natural gas products, for various industries including energy, transportation, and manufacturing. Hess operates in the US, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia, with exploration activities primarily offshore Guyana, in the US Gulf of Mexico, and offshore Suriname. Hess Corporation is headquartered in New York, New York, the US.
For more details on the Baldpate Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
