Odin is a conventional gas development located onshore Australia and is operated by Vintage Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Odin was discovered in 2021, lies in block PRL 211 and ATP 2021P. Buy the profile here.
The project is currently in commissioning stage and is expected to start commercial production in 2023.
Field participation details
The field is owned by Metgasco, New Hope and Vintage Energy.
Production from Odin
Production from the Odin conventional gas development project is expected to begin in 2023 and is forecast to peak in 2024, to approximately 22 Mmcfd of 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 10.75 Mmboe, comprised of 64.49 bcf of natural gas reserves.
About Vintage Energy
Vintage Energy Ltd (Vintage) acquires, explores, and develops oil and gas properties in Australia. The company projects include Otway Basin located in South Australia; Galilee Basin is an onshore basin in central Queensland; Bonaparte Basin is a frontier basin in the Northern Territory and Perth Basin located in Yilgarn Craton. It maintains a relationship with governments and government agencies particularly in South Australia, connections with existing explorers and operators, as well as a deep knowledge of Australian petroleum basins. It provides services in Australia. Vintage is headquartered in Goodwood, South Australia, Australia.
For more details on the Odin 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.
