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  1. Market Data
May 6, 2022

Barrow Island Conventional Oil Field, Australia

By Carmen

Barrow Island is a producing conventional oil field located onshore Australia and is operated by Chevron Australia. The field is located in block L 1H, L 10, and TL/3, with water depth of 66 feet.

Field participation details

The field is owned by Santos, Exxon Mobil and Chevron.


Production from Barrow Island

The Barrow Island conventional oil field recovered 98.09% of its total recoverable reserves, with peak production in 1970. The peak production was approximately 45.7 thousand bpd of crude oil and condensate and 38 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.


Remaining recoverable reserves

The field is expected to recover 7.19 Mmboe, comprised of 7.19 Mmbbl of crude oil & condensate.


About Chevron Australia

Chevron Australia Pty Ltd (Chevron Australia) an oil and gas exploration company which conducts developmental projects such as a liquefied natural gas and domestic gas joint ventures, and exploration program based on offshore interests. The company is headquartered in Perth, Western Australia, 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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