Lee is a producing conventional gas field located in shallow water in Australia and is operated by Santos WA Northwest. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block TL/1, with water depth of 89 feet. Buy the profile here.
Field participation details
The field is owned by Santos.
Production from Lee
The Lee conventional gas field recovered 95.89% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 0.96 thousand bpd of crude oil and condensate and 31.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2065.
Remaining recoverable reserves
The field is expected to recover 0.24 Mmboe, comprised of 0.06 Mmbbl of crude oil & condensate and 1.11 bcf of natural gas reserves.
For more details on the Lee 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.
