West Barracouta is a producing conventional gas field located in shallow water in Australia and is operated by Esso Australia Resources. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block VIC/L1 and VIC/L2, with water depth of 148 feet. Buy the profile here.
Field participation details
The field is owned by Exxon Mobil and Woodside Energy Group.
Production from West Barracouta
The West Barracouta conventional gas field recovered 22.56% of its total recoverable reserves, with peak production expected in 2026. The peak production will approximately 1.04 thousand bpd of crude oil and condensate and 104.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 38.02 Mmboe, comprised of 2.23 Mmbbl of crude oil & condensate and 214.74 bcf of natural gas reserves. West Barracouta conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
About Esso Australia Resources
Esso Australia Resources Pty Ltd (Esso Australia) is an oil and gas exploration company. The company provides oil and gas exploration, development, and production services. It operates in the exploration and production of oil and gas, petroleum refining and supply of fuels including natural gas. It also develops projects such as the Kipper, Tuna and Turrum oil and gas reservoirs. The company has oil and gas exploration operations throughout the country. The company operates as a subsidiary of Exxonmobil Australia Pty Ltd. Esso Australia is headquartered in Melbourne, Australia.
For more details on the West Barracouta Conventional Gas 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.
