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  1. Market Data
May 6, 2022

BassGas Conventional Gas Field, Australia

By Carmen

BassGas is a producing conventional gas field located in shallow water in Australia and is operated by Beach Energy (Operations). The field is located in block T/L1, with water depth of 262 feet.

An expansion project is associated with the BassGas, namely Yolla Development . This project is currently in the feed stage.

Field participation details

The field is owned by Beach Energy and Oil and Natural Gas.


Production from BassGas

The BassGas conventional gas field recovered 63.30% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 2.01 thousand bpd of crude oil and condensate and 55 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2041.


Remaining recoverable reserves

The field is expected to recover 28.8 Mmboe, comprised of 4.29 Mmbbl of crude oil & condensate, 128.56 bcf of natural gas reserves and 3.08 Mmbbl of natural gas liquid reserves. BassGas conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.


Contractors involved in the BassGas conventional gas field

The key contractors involved in the BassGas project as follows.

Design/FEED Engineering: John Wood Group

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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