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  1. Market Data
April 29, 2022

Longtom Conventional Gas Field, Australia

By Carmen

Longtom is a producing conventional gas field located in shallow water in Australia and is operated by SGH Energy VICP54. The field is located in block VIC/L29, with water depth of 184 feet.

Field participation details

The field is owned by Seven Group Holdings.


Production from Longtom

The Longtom conventional gas field recovered 76.36% of its total recoverable reserves, with peak production in 2012. The peak production was approximately 0.39 thousand bpd of crude oil and condensate and 40 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2030.


Remaining recoverable reserves

The field is expected to recover 4.61 Mmboe, comprised of 0.17 Mmbbl of crude oil & condensate and 26.65 bcf of natural gas reserves.


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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