Halladale-Speculant is a producing conventional gas field 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, the field is located in block VIC/L1 (V) and VIC/P 42 (V), with water depth of 115 feet. Buy the profile here.
Field participation details
The field is owned by Beach Energy and O.G. Energy Holdings.
Production from Halladale-Speculant
The Halladale-Speculant conventional gas field recovered 24.39% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 24.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2111.
Remaining recoverable reserves
The field is expected to recover 28.79 Mmboe, comprised of 172.76 bcf of natural gas reserves. Halladale-Speculant conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
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 across Australia and New Zealand and a suite of high potential exploration prospects across the five basins. The company’s producing assets include Cooper, offshore Otway and Bass basins. 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 Halladale-Speculant Conventional Gas Field, buy the profile here.