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  1. Market Data
April 28, 2022

Ironbark CBM Field, Australia

By Carmen

Ironbark is a cbm development located onshore Australia and is operated by Australia Pacific LNG (Ironbark). Ironbark lies in block ATP 788P.

The project is currently in feed stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project will be approved in 2024.

Field participation details

The field is owned by Origin Energy, ConocoPhillips and China Petrochemical.


Production from Ironbark

Production from the Ironbark cbm development project is expected to begin in 2023 and is forecast to peak in 2028, to approximately 35 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2046.


Remaining recoverable reserves

The field is expected to recover 18.01 Mmboe, comprised of 108.04 bcf of natural gas reserves.


Contractors involved in the Ironbark cbm field

Some of the key contractors involved in the Ironbark project as follows.

Other Contractors: Biodiversity Assessment and Management and OSD

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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