The Mereenie Oil and Gas Field commenced production over 30 years ago and has historically produced hydrocarbon liquids for sale in South Australia and natural gas for Northern Territory markets. As at the end of 2021, the field has delivered 17 MMbbls of oil and condensate and over 300 PJ of natural gas.

In 2019, the Northern Gas Pipeline began commercial operation and provided access to east coast gas markets. In response, gas rates from Mereenie nearly tripled in calendar year 2019 from 2018. Gross production peaked in calendar year 2019 at approximately 16 PJ. In CY2021, gross field production was approximately 11 PJ or 30.9 TJ/day.