Australian oil and gas company Beach Energy has announced reserves in the nearshore Enterprise gas field located in the Victorian Otway Basin offshore Australia.
Beach Energy said that the Enterprise-1 well discovery led to a 2P reserves booking for the field of 21 mmboe (34 mmboe gross) as of 15 February 2021.
The 2P reserves include 97 PJ of sales gas (161 PJ gross), 211 ktonnes of LPG (352 ktonnes gross), and 2 mmbbls (4 mmbbls gross) of condensate, at an initial gas-condensate yield of around 25 bbls/mmscf above pre-drill expectations.
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