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Monument (WR316) - Beacon Oil and Gas Asset (Federal offshore, United States)

From Global Energy Monitor
This article is part of the Global Oil and Gas Extraction Tracker, a Global Energy Monitor project.
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Monument (WR316) - Beacon Oil and Gas Asset is an in development oil and gas asset in Federal offshore, United States.

Monument (WR316) - Beacon Oil and Gas Asset is a part of the Monument complex.

Project Details

Main Data

Table 1: Asset-level project details for Monument (WR316) - Beacon Oil and Gas Asset

1Final Investment Decision
Unit name Status Operator Owner Discovery year FID1 year Production start year Production type
Monument (WR316) - Beacon In development[1][2] Beacon Offshore Energy[3] Beacon Offshore Energy (30.0%); Repsol (20.0%); Petronas (30.0%); Navitas Petroleum (20.0%)[3] 2020[4] 2024[5][6] 2026 (expected)[3][6] Conventional[1]

Production and Reserves

Table 2: Reserves of Monument (WR316) - Beacon Oil and Gas Asset

million boe = million barrels of oil equivalent
Fuel description Reserves classification Quantity Units Data year Source
hydrocarbons reserves 90 million boe 2023 [1]
hydrocarbons 2p reserves 111 million boe 2024 [6][7]

Location

Table 3: Asset-level location details for Monument (WR316) - Beacon Oil and Gas Asset

Concession/Block Location Onshore/Offshore Coordinates (WGS 84)
WR316[1] Federal offshore, United States[8] Offshore[1] 26.6569, -91.5792 (exact)[8]

The map below shows the exact location of the asset(s) within the Monument complex:

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Articles and Resources

Additional Data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.

References

  1. 1.0 1.1 1.2 1.3 1.4 "Assumptions to the Annual Energy Outlook 2023: Oil and Gas Supply Module" (PDF). U.S. Energy Information Administration. 44986. Archived (PDF) from the original on Nov 13, 2023. Retrieved Nov 13, 2023. {{cite web}}: Check date values in: |date= (help)
  2. https://web.archive.org/web/20250117235948/https://www.offshore-mag.com/regional-reports/us-gulf-of-mexico/article/55128317/fid-taken-on-gom-monument-subsea-tieback. Archived from the original on 17 January 2025. {{cite web}}: Missing or empty |title= (help)
  3. 3.0 3.1 3.2 (PDF) https://web.archive.org/web/20240410154809/https://navitaspet.com/wp-content/uploads/2023/11/Navitas-Immediate-Report-110523_29102023_ENG-221123.pdf. Archived from the original (PDF) on 10 April 2024. {{cite web}}: Missing or empty |title= (help)
  4. https://www.equinor.com/news/archive/2020-04-06-oil-discovery-gulf-mexico. {{cite web}}: Missing or empty |title= (help)
  5. (PDF) https://web.archive.org/web/20240816195442/https://www.repsol.com/content/dam/repsol-corporate/en_gb/accionistas-e-inversores/cnmv/2024/ori22022024-q4-fy-2023-results.pdf. Archived from the original (PDF) on 16 August 2024. {{cite web}}: Missing or empty |title= (help)
  6. 6.0 6.1 6.2 https://web.archive.org/web/20250118002440/https://www.navitaspet.com/project/the-monument-field/. Archived from the original on 18 January 2025. {{cite web}}: Missing or empty |title= (help)
  7. https://www.ogj.com/general-interest/companies/article/55132411/talos-energy-acquires-interest-in-gulf-of-mexico-monument-discovery. {{cite web}}: Missing or empty |title= (help)
  8. 8.0 8.1 (PDF) https://web.archive.org/web/20240801182425/https://www.data.bsee.gov/PDFDocs/Scan/PLANS/41/41902.pdf. Archived from the original (PDF) on 01 August 2024. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)