Equus is a conventional gas development located in deepwater in Australia and is operated by Western Gas (70 R). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Equus was discovered in 2008, lies in block WA-390-P (Released as W 06-11), WA-474-P ( Released as W 11-12), and WA-70-R, with water depth of around 3,620 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2027. The development cost is expected to be $3,500 m. The Equus conventional gas development will involve the drilling of approximately three wells and includes FLNG, FPSO, and subsea trees.
Field participation details
The field is owned by Western Gas.
Production from Equus
Production from the Equus conventional gas development project is expected to begin in 2027 and is forecast to peak in 2028, to approximately 7,000 bpd of crude oil and condensate, 38 Mmcfd of natural gas and 212 Mmcfd of liquid natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2061.
Remaining recoverable reserves
The field is expected to recover 365.89 Mmboe, comprised of 46.52 Mmbbl of crude oil & condensate, 411.83 bcf of natural gas reserves and 1,504.38 bcf of liquid natural gas reserves.
Contractors involved in the Equus conventional gas field
Some of the key contractors involved in the Equus project as follows.
Design/FEED Engineering: John Wood Group, McDermott International, Baker Hughes, Worley and io Oil & Gas UK
Other Contractors: John Wood Group, Blossomvale Holdings, DORIS Engineering, EDS Group and Greatship Subsea Solutions Australia
For more details on the Equus Conventional Gas 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.
