Prelude is a producing conventional gas field located in shallow water in Australia and is operated by Shell Australia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block WA-44-L, with water depth of 777 feet. Buy the profile here.
Field participation details
The field is owned by CPC, Inpex, Korea Gas and Shell.
Production from Prelude
The Prelude conventional gas field recovered 31.77% of its total recoverable reserves, with peak production expected in 2024. The peak production will approximately 26.07 thousand bpd of crude oil and condensate, 8.02 thousand bpd of natural gas liquids and 473 Mmcfd of liquid natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2039. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 257.36 Mmboe, comprised of 62.68 Mmbbl of crude oil & condensate, 1,057.98 bcf of liquid natural gas reserves and 18.34 Mmbbl of natural gas liquid reserves. Prelude conventional gas field reserves accounts 0.09% of total remaining reserves of producing conventional gas fields globally.
For more details on the Prelude Conventional Gas Field, buy the profile here.