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  1. Market Data
May 4, 2022

Stratheden CBM Field, Australia

By Carmen

Stratheden is a producing cbm field located onshore Australia and is operated by Arrow Energy. The field is located in block PL 252.

Field participation details

The field is owned by China National Petroleum and Shell.


Production from Stratheden

The Stratheden cbm field recovered 22.58% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 22 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2053.


Remaining recoverable reserves

The field is expected to recover 14.76 Mmboe, comprised of 88.53 bcf of natural gas reserves. Stratheden cbm field reserves accounts 0.35% of total remaining reserves of producing cbm fields globally.


About Arrow Energy

Arrow Energy Pty Ltd (Arrow Energy), a subsidiary of Arrow Energy Holdings Pty Ltd, is an integrated coal seam gas company (CSG). The company explores and develops, produces and sells CSG, and generates electricity through its gas fields. The company produces gas from five fields in Surat Basin in South East Queensland and Bowen Basin in Central Queensland. Its gas fields are Moranbah Gas Project, Tipton West, Kogan North, Daandine, and Stratheden. The company also owns and operates Braemar 2, a gas fired power station, southwest of Dalby, and has interests in Daandine power station and Townsville power station. Arrow Energy is headquartered in Brisbane, Queensland, Australia.

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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