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  1. Market Data
April 29, 2022

Cliff Head Conventional Oil Field, Australia

By Carmen

Cliff Head is a producing conventional oil field located in shallow water in Australia and is operated by Triangle Energy (Global). The field is located in block WA-31-L, with water depth of 52 feet.

Two expansion projects are associated with the Cliff Head conventional oil field, namely Cliff Head Renewal Project and Cliff Head Development . The expansion projects are currently in the feasibility and feed stage.

Field participation details

The field is owned by Triangle Energy (Global) and Pilot Energy.


Production from Cliff Head

The Cliff Head conventional oil field recovered 95.58% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 8.65 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.


Remaining recoverable reserves

The field is expected to recover 0.78 Mmboe, comprised of 0.78 Mmbbl of crude oil & condensate.


About Triangle Energy (Global)

Triangle Energy (Global) Ltd (Triangle Energy), formerly Maverick Energy Ltd, is an oil and gas company that explores and produces oil and natural gas reserves. The company operates oil and gas assets such as Cliff Head Oil Field, Xanadu Joint Venture, State Gas Limited and Mount Horner. Its State Gas Limited are advancing the development of the Reids Dome Gas Project in the Perth Basin. The company Cliff Head Oil Field is located in the Perth Basin about two seventy kilometers north of Perth and twelve kilometers off the coast of Dongara in Western Australia. It supplies gas to the eastern states in Australia. Triangle Energy 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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