Charlie is a producing cbm field located onshore Australia and is operated by QGC Upstream Holdings. The field is located in block PL 299.
Field participation details
The field is owned by China National Offshore Oil, Tokyo Gas and Shell.
Production from Charlie
The Charlie cbm field recovered 14.77% of its total recoverable reserves, with peak production expected in 2025. The peak production will approximately 233 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 188.36 Mmboe, comprised of 1,130.17 bcf of natural gas reserves. Charlie cbm field reserves accounts 4.44% of total remaining reserves of producing cbm fields globally.
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.