Stag Oilfield

Stag Field

Jadestone Energy completed the acquisition of the producing Stag oilfield on 11 November, 2016. The field is in the Carnarvon basin, 60km offshore Western Australia, in a water depth of approximately 47 metres. In 2016, Stag produced an average 3,332 barrels per day.

Stag, which has a single production platform, has proved and probable reserves (2P) of 14.6 million stock tank barrels (gross). 3P reserves (which include possible reserves) are 18.6 million stock tank barrels. The reservoir is shallow with high porosity and permeability that offers substantial potential to increase production through low cost field development activities, including well workovers and infill drilling.

The completion of two well workovers in 2017 is expected to increase production in the short term along with a programme of infill drilling in the field.

3D seisimic data interpreted in 2016 has improved understanding of the reservoir; highlighting potential field extensions that can add reserves. Further appraisal is planned of the South Field extension and the nearby Hart prospect.

The field life is estimated to be up to 2028 with limited additional investment.

Download the Stag Operations Stakeholder Engagement Information (PDF)

Download the Summary of Stag Field Environmental Plan (PDF)

Contact our Australian office

Level 6, 41 St Georges Terrace
Perth Western Australia 6000
PO Box 5388
Perth Western Australia 6000
Tel: +61 8 9486 6600

Subscribe to our mailing list