Rafael is a conventional gas development located onshore Australia and is operated by Buru Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Rafael was discovered in 2021 Buy the profile here.
Smarter leaders trust GlobalData
The project is currently in feasibility stage and is expected to start commercial production in 2027. Final investment decision (FID) of the project will be approved in 2025. The development cost is expected to be $960 m. The Rafael conventional gas development will involve the drilling of approximately two wells.
Field participation details
The field is owned by Buru Energy.
Production from Rafael
Production from the Rafael conventional gas development project is expected to begin in 2027 and is forecast to peak in 2031, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2052.
Contractors involved in the Rafael conventional gas field
Some of the key contractors involved in the Rafael project as follows.
Other Contractors: GHD Group and Terrex
About Buru Energy
Buru Energy Ltd (Buru Energy) is a diversified energy company that carries out the exploration and production of hydrocarbon and non-hydrocarbon energy resources. The company's main activities include the exploration, development and commercialisation of hydrocarbon resources. Its products include oil from the Ungani Oilfield and gas from the Yulleroo Gasfield. Buru Energy also carries out natural hydrogen and helium exploration, carbon capture and storage and battery minerals exploration through its subsidiaries. The company's products find application in energy, petroleum and mining. It operates in the Canning Basin, Australia. Buru Energy is headquartered in Perth, Western Australia, Australia.
For more details on the Rafael 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.
