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  1. Market Data
May 4, 2022

Coolum Conventional Oil Field, Australia

By Carmen

Coolum is a producing conventional oil field located onshore Australia and is operated by Bridgeport (Cooper Basin).

Field participation details

The field is owned by New Hope.


Production from Coolum

The Coolum conventional oil field recovered 66.69% of its total recoverable reserves, with peak production in 2005. The peak production was approximately 0.02 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2038.


Remaining recoverable reserves

The field is expected to recover 0.03 Mmboe, comprised of 0.03 Mmbbl of crude oil & condensate.


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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