Beach Energy (ASX:BPT) Gross Developed Acreage # : 0.00 (As of . 20)

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What is Beach Energy Gross Developed Acreage #?

Gross Developed Acreage # reflects the number of acres which are allocated or assignable to the company to producing wells or wells capable of production.

The historical rank and industry rank for Beach Energy's Gross Developed Acreage # or its related term are showing as below:

ASX:BPT's Gross Developed Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Gross Developed Acreage # only.

Beach Energy Gross Developed Acreage # Historical Data

The historical data trend for Beach Energy's Gross Developed Acreage # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Beach Energy Gross Developed Acreage # Chart

Beach Energy (ASX:BPT) Gross Developed Acreage # Explanation

Gross Developed Acreage # refers to land that is leased by one or more resource extraction companies in the hopes of extracting a resource for sale. Determining the gross developed acreage of a natural resource company allows investors and analysts to determine the size of a project, resource potential and a company's exposure to a certain region or country. It reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.

Beach Energy Gross Developed Acreage # Related Terms

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Beach Energy (ASX:BPT) Business Description

Industry

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Traded in Other Exchanges

BEPTF:USA BPS:Germany

Address

80 Flinders Street, Level 8, Adelaide, SA, AUS, 5000

Website

https://www.beachenergy.com.au

Beach produces oil, gas, and gas liquids from numerous joint ventures in the onshore Cooper and Eromanga basins. Beach merged with Cooper Basin joint-venture partner Drillsearch Energy Limited in March 2016, which increased equity production to about 10 million barrels of oil equivalent. This more than doubled to over 20 million barrels of oil equivalent following the successful purchase of Lattice from Origin Energy in 2018. The average field life is 10 years based on forecast production and 255 mmboe of proven and probable reserves. We credit life of around 15 years, assuming substantial conversion of 2C contingent resources into reserve category with drilling. Shale gas resources are blue-sky.