Trefoil is a conventional gas development located in shallow water in Australia and is operated by Beach Energy (Operations). Discovered in 2004, Trefoil lies in block T/RL 2, with water depth of around 262 feet.
The project is currently in feed stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project will be approved in 2022. The development cost is expected to be $459 m. The Trefoil conventional gas development will involve the drilling of approximately six wells and includes wellhead platform.
Field participation details
The field is owned by Oil and Natural Gas and Beach Energy.
Production from Trefoil
Production from the Trefoil conventional gas development project is expected to begin in 2025 and is forecast to peak in 2026, to approximately 1,707 bpd of crude oil and condensate and 57 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2052.
Remaining recoverable reserves
The field is expected to recover 27.72 Mmboe, comprised of 3.87 Mmbbl of crude oil & condensate and 143.05 bcf of natural gas reserves.
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.