Golden Grove is a producing cbm field located onshore Australia and is operated by QGC Upstream Holdings. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block PL 397 and PL 464. Buy the profile here.
Field participation details
The field is owned by China National Offshore Oil, Shell and Tokyo Gas.
Production from Golden Grove
The Golden Grove cbm field recovered 33.25% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 5.00 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 2.53 Mmboe, comprised of 15.20 bcf of natural gas reserves. Golden Grove cbm field reserves accounts 0.06% of total remaining reserves of producing cbm fields globally.
For more details on the Golden Grove CBM Field, buy the profile here.