Springwater is a producing cbm field located onshore Australia and is operated by Santos Toga. The field is located in block PL 232, PL 100, and PL 92.

Field participation details

The field is owned by Santos, Petroliam Nasional, TotalEnergies and Korea Gas.


Production from Springwater

The Springwater cbm field recovered 23.82% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 3 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2052.


Remaining recoverable reserves

The field is expected to recover 1.44 Mmboe, comprised of 8.61 bcf of natural gas reserves. Springwater cbm field reserves accounts 0.03% of total remaining reserves of producing cbm 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.