Polaris/Acrux/Cassio 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 398, PL 399, and PL 1008. Buy the profile here.
Field participation details
The field is owned by China National Offshore Oil, Shell and Tokyo Gas.
Production from Polaris/Acrux/Cassio
The Polaris/Acrux/Cassio cbm field recovered 37.17% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 77.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2055.
Remaining recoverable reserves
The field is expected to recover 48.86 Mmboe, comprised of 293.15 bcf of natural gas reserves. Polaris/Acrux/Cassio cbm field reserves accounts 1.19% of total remaining reserves of producing cbm fields globally.
For more details on the Polaris/Acrux/Cassio CBM 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.
