Peat is a producing cbm field located onshore Australia and is operated by Origin Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block PL 101. Buy the profile here.
Field participation details
The field is owned by China Petrochemical, ConocoPhillips and Origin Energy.
Production from Peat
The Peat cbm field recovered 38.05% of its total recoverable reserves, with peak production in 2022. Based on economic assumptions, production will continue until the field reaches its economic limit in 2062.
About Origin Energy
Origin Energy Ltd (Origin Energy) is an integrated energy company, which generates, supplies and distributes electricity; explores for and develops natural gas reserves; and produces and sells gas. It generates electricity from natural-gas fired, coal-fired, wind, solar, pumped water storage and cogeneration plants. The company supplies electricity, liquefied petroleum gas (LPG) and natural gas to residential, commercial and industrial customers. It’s gas exploration and production portfolio includes interests in basins in Australia, New Zealand and Vietnam. The company owns and operates natural gas production plants in Australia and New Zealand. The company has operations in Australia, New Zealand, Vietnam, Chile and Indonesia. Origin Energy is headquartered in Sydney, New South Wales, Australia.
For more details on the Peat CBM Field, buy the profile here.