Ocean Hill is a conventional gas development located onshore Australia and is operated by Oceanhill. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Ocean Hill was discovered in 1991, lies in block EP 320 and EP 495. Buy the profile here.
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The project is currently in feasibility stage and is expected to start commercial production in 2025. The development cost is expected to be $516 m.
Field participation details
The field is owned by Strike Energy.
Production from Ocean Hill
Production from the Ocean Hill conventional gas development project is expected to begin in 2025 and is forecast to peak in 2026, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2055.
For more details on the Ocean Hill Conventional Gas 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.
