View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
May 4, 2022

Mereenie Conventional Gas Field, Australia

By Carmen

Mereenie is a producing conventional gas field located onshore Australia and is operated by Central Petroleum. The field is located in block OL 5 and OL 4.

An expansion project is associated with the Mereenie, namely Mereenie Pilot Development . This project is currently in the feed stage.

Field participation details

The field is owned by Macquarie Mereenie, OG Oil & Gas and Central Petroleum.


Production from Mereenie

The Mereenie conventional gas field recovered 75.53% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 0.92 thousand bpd of crude oil and condensate and 44 Mmcfd of natural gas. 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 21.94 Mmboe, comprised of 1.8 Mmbbl of crude oil & condensate and 120.82 bcf of natural gas reserves. Mereenie conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.


Contractors involved in the Mereenie conventional gas field

The key contractors involved in the Mereenie project as follows.

Other Contractors: Easternwell Group Operations

About Central Petroleum

Central Petroleum Ltd (CPL) operates as an oil and gas company that offers exploration and development services. The company develops, produces, processes and markets hydrocarbons. It operates its oil and gas assets in Amadeus basin, Pedirka basin, Georgina basin, and Wiso basin. CPL’s Amadeus basin assets include Mereenie oil and gas field, Dingo gas field, Ooraminna field, North Mereenie block, Southern Amadeus basin, Surprise oil field, and Palm Valley gas field. The company has exploration permits such as EP(A) 130, EP 97, EP 93, EP 107, EP(A) 131, and EP(A) 77 in Pedirka basin. It also provides advisory services on oil and gas projects in central Australia. CPL is headquartered in Brisbane, Queensland, 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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU