Wheatstone & Iago is a producing conventional gas field located in shallow water in Australia and is operated by Chevron 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-48-L, WA-47-L, and WA-46-L, with water depth of 3,480 feet. Buy the profile here.
An expansion project is associated with the Wheatstone & Iago, namely the Wheatstone & Iago Development. This project is currently in the feasibility stage.
Field participation details
The field is owned by Chevron, Chubu Electric Power, Japan Oil, Gas and Metals National, Kuwait Petroleum, Kyushu Electric Power, Mitsubishi, Nippon Yusen Kabushiki Kaisha and Tokyo Electric Power Co Holdings.
Production from Wheatstone & Iago
The Wheatstone & Iago conventional gas field recovered 18.32% of its total recoverable reserves, with peak production in 2021. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047. The field currently accounts for approximately 7% of the country’s daily output.
Contractors involved in the Wheatstone & Iago conventional gas field
The key contractors involved in the Wheatstone & Iago project as follows.
Other Contractors: Shearwater GeoServices
About Chevron Australia
Chevron Australia Pty Ltd (Chevron Australia) an oil and gas exploration company which conducts developmental projects such as a liquefied natural gas and domestic gas joint ventures, and exploration program based on offshore interests. The company is headquartered in Perth, Western Australia, Australia.
For more details on the Wheatstone & Iago Conventional Gas Field, buy the profile here.