Range is a cbm development located onshore Australia and is operated by Central Petroleum Eastern. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Range was discovered in 2019, lies in block ATP 2031P. Buy the profile here.
The project is currently in feed stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project will be approved in 2023. The Range cbm development will involve the drilling of approximately 143 wells.
Field participation details
The field is owned by Central Petroleum and Incitec Pivot Queensland Gas.
Production from Range
Production from the Range cbm development project is expected to begin in 2025 and is forecast to peak in 2026, to approximately 43 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2054.
Remaining recoverable reserves
The field is expected to recover 42.44 Mmboe, comprised of 254.61 bcf of natural gas reserves.
Contractors involved in the Range cbm field
Some of the key contractors involved in the Range project as follows.
Other Contractors: Netherland, Sewell & Associates and Silver City Drilling
For more details on the Range 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.
