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November 25, 2021updated 27 Apr 2022 12:39pm

Pluto LNG Conventional Gas Field, Australia

By Carmen

Pluto LNG is a producing conventional gas field located in deepwater in Australia and is operated by Woodside Burrup. The field is located in block WA-34-L, with water depth of 4,346 feet.

Field participation details

The field is owned by Tokyo Gas, The Kansai Electric Power and Woodside Petroleum.


Production from Pluto LNG

The Pluto LNG conventional gas field recovered 58.77% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 9.41 thousand bpd of crude oil and condensate, 24 Mmcfd of natural gas and 741 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 299.72 Mmboe, comprised of 28.57 Mmbbl of crude oil & condensate, 426.32 bcf of natural gas reserves and 1,200.6 bcf of liquid natural gas reserves. Pluto LNG conventional gas field reserves accounts 0.10% of total remaining reserves of producing conventional gas fields globally.


Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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