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

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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 Oil and Gas Project (United States).

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] Navitas Petroleum [28%]; Beacon Offshore Energy [41%]; Talos Energy Offshore [29%][3][3][4] 2020[5] 2024[6][7][4] conventional[2]

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 90.0 million boe 2023 [2]
hydrocarbons 2p reserves 111.0 million boe 2024 [7][8]

Location

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

Concession/Block Location Onshore/Offshore Coordinates (WGS 84)
WR316; WR272; WR271; WR315[9][10][2] Federal offshore, United States[11] offshore[2] 26.6569, -91.5792 (exact)[11]

The map below shows the exact location of the asset(s) within the Monument Oil and Gas Project (United States):

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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. 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)
  2. 2.0 2.1 2.2 2.3 2.4 (PDF) https://web.archive.org/web/20231114203617/https://www.eia.gov/outlooks/aeo/assumptions/pdf/OGSM_Assumptions.pdf. Archived from the original (PDF) on 14 November 2023. {{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. 4.0 4.1 (PDF) https://www.navitaspet.com/wp-content/uploads/2025/07/Navitas-Presentation-June-2025-ENG-final.pdf. {{cite web}}: Missing or empty |title= (help)
  5. https://www.equinor.com/news/archive/2020-04-06-oil-discovery-gulf-mexico. {{cite web}}: Missing or empty |title= (help)
  6. (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)
  7. 7.0 7.1 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)
  8. https://web.archive.org/web/20260206012727/https://www.ogj.com/general-interest/companies/article/55132411/talos-energy-acquires-interest-in-gulf-of-mexico-monument-discovery. Archived from the original on 06 February 2026. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  9. https://www.offshore-technology.com/marketdata/oil-gas-field-profile-monument-conventional-oil-field-us/. {{cite web}}: Missing or empty |title= (help)
  10. https://www.woodmac.com/reports/upstream-oil-and-gas-monument-wr-272-150179875/. {{cite web}}: Missing or empty |title= (help)
  11. 11.0 11.1 (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)