Main Pass Block 69 - Texas Petroleum Investment

Project Overview

• Location: Main Pass Block 69 is situated in the Western Gulf Basin, specifically in Louisiana, United States. The exact coordinates are 29.6042, -91.5296 (WGS 84).

Operator and Ownership

• Operator: The project is operated by Texas Petroleum Investment Company.

Production History and Current Status

• Production Start Year: The exact production start year is not specified, but the asset has been in operation for several decades, with the Bayou Sale - Texas Petroleum Investment Oil and Gas Asset having a discovery year of 1940.
• Recent Production: As of the most recent production month (November 1, 2023), the wells within Main Pass Block 69 have been actively producing. For example:
  • Well 8750 RA SUA;SL 2557 produced 65,529 barrels of oil and 34,995 MCFs of gas.
  • Well 8750 RA SUB;SL 2557 produced 2,233,000 barrels of oil and 2,367,584 MCFs of gas.

Production Volumes

• Oil Production: The total oil production from the wells in Main Pass Block 69 is substantial. For instance, one well (7500 RA SUC;SL 1923) produced 4,578,210 barrels of oil as of November 1, 2023.
• Gas Production: Significant gas production is also reported, with the same well producing 3,932,346 MCFs of gas.

Well Details

• Total Producing Wells: Texas Petroleum Investment Company operates multiple wells within Main Pass Block 69, among its total of 748 producing wells across various fields.
• Well Examples:
  • 8750 RA SUA;SL 2557
  • 8750 RA SUB;SL 2557
  • 7500 RA SUC;SL 1923
  • These wells are categorized under different fields and have varying production levels.

Geographical and Operational Context

• Basin: The project is located in the Western Gulf Basin, which is known for its oil and gas reserves.
• Operational Area: The Main Pass Block 69 is part of a broader operational area that includes several other blocks and fields managed by Texas Petroleum Investment Company in Louisiana.

Historical and Current Production Data

• Historical Data: Production data from 2020 and 2022 indicates that the asset produces oil and gas, though specific volumes for Main Pass Block 69 are detailed in the well-specific data. For example, in 2022, the overall production from similar assets included 0.23 million barrels of oil per year and 8.95 million cubic meters of gas per year.
• Current Data: The most recent production month data shows active production from multiple wells within the block.