Crux is a conventional gas development located in shallow water in Australia and is operated by Shell Australia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Crux was discovered in 2000, lies in block AC/L10, with water depth of around 548 feet. Buy the profile here.
Smarter leaders trust GlobalData
The project is currently in construction stage and is expected to start commercial production in 2027. Final investment decision (FID) of the project was approved in 2022. The development cost is expected to be $1,790 m. The Crux conventional gas development will involve the drilling of approximately five wells and includes subsea tree and wellhead platforms.
Field participation details
The field is owned by Seven Group Holdings and Shell.
Production from Crux
Production from the Crux conventional gas development project is expected to begin in 2027 and is forecast to peak in 2033, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2052.
Contractors involved in the Crux conventional gas field
Some of the key contractors involved in the Crux project as follows.
Design/FEED Engineering: John Wood Group and KBR
Other Contractors: Schlumberger and Blossomvale Holdings
For more details on the Crux Conventional Gas Field, buy the profile here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
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.
