Atlas is a producing cbm field located onshore Australia and is operated by Senex Assets. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block PL 1037. Buy the profile here.
Two expansion projects are associated with the Atlas cbm field, namely the Atlas Stage 2 and the Atlas Stage 3. The expansion projects are currently in the commissioning and feasibility stage, targeting start-up during 2023 – 2024.
Field participation details
The field is owned by Hancock Prospecting, Others and POSCO Holdings.
Production from Atlas
The Atlas cbm field recovered 16.98% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 29.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2053.
Remaining recoverable reserves
The field is expected to recover 25.58 Mmboe, comprised of 153.47 bcf of natural gas reserves. Atlas cbm field reserves accounts 0.62% of total remaining reserves of producing cbm fields globally.
For more details on the Atlas CBM Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
