Alton Redevelopment is a conventional oil development located onshore Australia and is operated by Bounty Oil & Gas. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, lies in block PL 2. Buy the profile here.
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The project is currently in commissioning stage and is expected to start commercial production in 2024. The development cost is expected to be $4 m. The Alton Redevelopment conventional oil development will involve the drilling of approximately one wells.
Field participation details
The field is owned by Bounty Oil & Gas.
Production from Alton Redevelopment
Production from the Alton Redevelopment conventional oil development project is expected to begin in 2024 and is forecast to peak in 2026, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2053.
About Bounty Oil & Gas
Bounty Oil & Gas NL (Bounty) is an independent oil and gas exploration and production company. It has operations in offshore and onshore Australia. The company markets its oil and gas products. In onshore Australia, it has interests in blocks spread across Cooper Basin in Southwestern Queensland; Surat Basin in Eastern Queensland; and Rough Range in Western Australia. In offshore Australia, Bounty has interests in AC/P 32 Ashmore Cartier Territory in the Timor Sea and PEP 11 in New South Wales. The company has producing oil fields in ATP 1189P at Naccowlah Block in Cooper Basin. Bounty is headquartered in Sydney, New South Wales, Australia.
For more details on the Alton Redevelopment Conventional Oil Field, buy the profile here.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
