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November 22, 2021

West Seahorse Conventional Oil Field, Australia

By Carmen

West Seahorse is a conventional oil development located in shallow water in Australia and is operated by Carnarvon Hibiscus. Discovered in 1981, West Seahorse lies in block VIC/P57, with water depth of around 131 feet.

The project is currently in approval stage and is expected to start commercial production in 2024. The West Seahorse conventional oil development will involve the drilling of approximately two wells and includes FSO and mobile offshore production unit (MOPU)s.

Field participation details

The field is owned by Hibiscus Petroleum.


Production from West Seahorse

Production from the West Seahorse conventional oil development project is expected to begin in 2024 and is forecast to peak in 2025, to approximately 8,291 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2055.


Remaining recoverable reserves

The field is expected to recover 12.3 Mmboe, comprised of 12.3 Mmbbl of crude oil & condensate.


Contractors involved in the West Seahorse conventional oil field

Some of the key contractors involved in the West Seahorse project as follows.

Design/FEED Engineering: Worley

Other Contractors: Acteon Group

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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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