La Femme/BWO (MC427) - Beacon Growthco

Location and Geology

• The La Femme conventional oil field is located in the ultra-deepwater region of the US Gulf of Mexico, specifically in block Mississippi Canyon 427.
• The water depth at this location is approximately 5,782 feet, making it a challenging and technologically demanding operation.

Ownership and Operation

• The field is operated by Beacon Growthco Operating.
• The ownership is shared among several entities, including Beacon Growthco Operating, Beacon Offshore Energy Operating, HEDV LaFemme, ILX Prospect La Femme, Red Willow Production, Ridgewood Energy, Ridgewood Rattlesnake, and Ridgewood Rialto Holdings.

Production Details

• The La Femme field is a producing conventional oil field.
• As of the latest data, the field has recovered 27.45% of its total recoverable reserves.
• Peak production was achieved in 2023.
• Based on economic assumptions, production is expected to continue until the field reaches its economic limit in 2049.

Operational Overview

• The field is part of the broader oil and gas assets managed by Beacon Growthco in the federal offshore region of the United States.
• Given its ultra-deepwater location, the field requires advanced technological and logistical capabilities to maintain and expand production.

Economic and Long-Term Projections

• The economic viability of the field is projected to last until 2049, indicating a long-term commitment to extracting the remaining reserves.
• The field's production schedule and economic limit are determined based on current economic assumptions and the recoverable reserves.