Punchbowl Gully is a producing conventional gas field located onshore Australia and is operated by Denison Gas (Queensland). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Buy the profile here.
Field participation details
The field is owned by China Petrochemical, ConocoPhillips, Denison Gas and Origin Energy.
Production from Punchbowl Gully
The Punchbowl Gully conventional gas field recovered 21.66% of its total recoverable reserves, with peak production in 2022. The peak production was approximately 0.19 thousand bpd of crude oil and condensate and 2.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2077.
Remaining recoverable reserves
The field is expected to recover 2.43 Mmboe, comprised of 0.93 Mmbbl of crude oil & condensate and 9.01 bcf of natural gas reserves.
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