Barossa is a conventional gas development located in shallow water in Australia and is operated by Santos Offshore. Discovered in 2006, Barossa lies in block NT/RL 6 and NT/L 1, with water depth of around 794 feet.
The project is currently in construction stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project was approved in 2021. The development cost is expected to be $3,600 m. The Barossa conventional gas development will involve the drilling of approximately six wells and includes FPSO, subsea manifold, and subsea trees.
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Field participation details
The field is owned by SK and Santos.
Production from Barossa
Production from the Barossa conventional gas development project is expected to begin in 2025 and is forecast to peak in 2026, to approximately 4,107 bpd of crude oil and condensate and 487 Mmcfd of liquid natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2049.
Remaining recoverable reserves
The field is expected to recover 553.7 Mmboe, comprised of 23.84 Mmbbl of crude oil & condensate and 3,179.1 bcf of liquid natural gas reserves.
Contractors involved in the Barossa conventional gas field
Some of the key contractors involved in the Barossa project as follows.
Design/FEED Engineering: Mitsui E&S Holdings, Samsung Heavy Industries, TechnipFMC and Worley
Main EPC: BW Offshore, Mitsui E&S Holdings and TechnipFMC
EPC Contractors: Aker Solutions, Dyna-Mac Holdings, Macquarie Group, NOV and SamKang M&T
Other Contractors: ABB, Fugro, Honeywell International, Jacobs Engineering Group and Macquarie Group
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By GlobalDataMethodology
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.
