Golden Beach is a conventional gas development located in shallow water in Australia and is operated by Carnarvon Hibiscus. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Golden Beach was discovered in 1967, lies in block VIC/P57, with water depth of around 164 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project will be approved in 2023. The development cost is expected to be $92 m. The Golden Beach conventional gas development will involve the drilling of approximately two wells.
Field participation details
The field is owned by 3D Oil and Hibiscus Petroleum.
Production from Golden Beach
Production from the Golden Beach conventional gas development project is expected to begin in 2025 and is forecast to peak in 2027, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2050.
Contractors involved in the Golden Beach conventional gas field
Some of the key contractors involved in the Golden Beach project as follows.
Design/FEED Engineering: Atteris
Other Contractors: John Wood Group
For more details on the Golden Beach Conventional Gas Field, buy the profile here.