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  1. Market Data
May 2, 2022

Alton Conventional Oil Field, Australia

By Carmen

Alton is a producing conventional oil field located onshore Australia and is operated by Bounty Oil & Gas. The field is located in block PL 2.

Field participation details

The field is owned by Bounty Oil & Gas.


Production from Alton

The Alton conventional oil field recovered 96.14% of its total recoverable reserves, with peak production in 1968. The peak production was approximately 1.14 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031.


Remaining recoverable reserves

The field is expected to recover 0.1 Mmboe, comprised of 0.1 Mmbbl of crude oil & condensate.


About Bounty Oil & Gas

Bounty Oil & Gas NL (Bounty) is an independent oil and gas exploration and production company. It has operations in offshore and onshore Australia. The company also markets oil and gas products. In onshore Australia, it has interests in blocks spread across Cooper Basin in South-western Queensland; Surat Basin in Eastern Queensland; and Rough Range in Western Australia. In offshore Australia, Bounty has interests in AC/P 32 Ashmore Cartier Territory in the Timor Sea and PEP 11 in New South Wales. The company has producing oil fields in ATP 1189P at Naccowlah Block in Cooper Basin. Bounty is headquartered in Sydney, New South Wales, Australia.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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