Enterprise is a conventional gas development located in shallow water in Australia and is operated by Beach Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Enterprise was discovered in 2020, the field with water depth of around 95 feet. Buy the profile here.

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The project is currently in construction stage and is expected to start commercial production in 2024. Final investment decision (FID) of the project was approved in 2022. The development cost is expected to be $51 m.

Field participation details

The field is owned by Beach Energy and O.G. Energy Holdings.

Production from Enterprise

Production from the Enterprise conventional gas development project is expected to begin in 2024 and is forecast to peak in 2025, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2037.

About Beach Energy

Beach Energy Ltd (Beach) is an independent upstream oil and gas company. It carries out the exploration, development, production, processing, and transportation of crude oil and natural gas. Beach’s asset portfolio includes ownership interests in oil and gas infrastructure, assets in Australia and New Zealand and a suite of high potential exploration prospects spanning five basins. The company’s producing assets include Cooper, offshore Otway and Bass basins. The Otway Basin is an onshore and offshore basin extending from the Cape Jaffa in South Australia to north-west Tasmania. It also has permits in the onshore Otway, Bonaparte, Browse, Taranaki and the Canterbury basins. Beach is headquartered in Adelaide, South Australia, Australia.

For more details on the Enterprise Conventional Gas Field, buy the profile here.

This content was updated on 14 May 2024

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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.