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

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What is Beach Energy Gross Undeveloped Acreage #?

Gross Undeveloped Acreage # means acres which are leased by one or more companies but which are not yet able to produce economic quantities of oil or gas.

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

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

Beach Energy Gross Undeveloped Acreage # Historical Data

The historical data trend for Beach Energy's Gross Undeveloped 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 Undeveloped Acreage # Chart

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

Gross Undeveloped Acreage # means acres on which wells have not yet been drilled or completed to a point that would permit the production of economic quantities of oil or gas, regardless of whether or not such acreage contains proved reserves. If a piece of land is not developed, that automatically means it is part of the gross undeveloped acreage.

Beach Energy Gross Undeveloped Acreage # Related Terms

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Beach Energy (ASX:BPT) Business Description

Industry

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Comparable Companies

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.