Bay Marchand 2 is a producing conventional oil field located in shallow water in the US and is operated by Cantium. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Bay Marchand 2, Bay Marchand 3, Grand Isle 26 (00390), Grand Isle 37 (00392), South Timbalier 23 (00386), South Timbalier 24 (00595), Grand Isle 37 (00685), South Timbalier 24 (00387), and Grand Isle 26 (00391), with water depth of 57 feet. Buy the profile here.
Field participation details
The field is owned by Cantium and W&T Offshore.
Production from Bay Marchand 2
The Bay Marchand 2 conventional oil field recovered 97.84% of its total recoverable reserves, with peak production in 1963. Based on economic assumptions, production will continue until the field reaches its economic limit in 2033.
For more details on the Bay Marchand 2 Conventional Oil Field, buy the profile here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.