Beach looks for feedback on Tasmania leases

Beach Energy’s proposed Prion 3D marine seismic survey (3DMSS) in the Bass Strait, Tasmania, has been opened by the national regulator for comment. As the operator of retention leases T/RL2, T/RL4 and T/RL5, Beach advised that the purpose of the 3DMSS is to acquire geophysical data to gain a deeper knowledge of the subsurface geology …
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MMA awarded CarbonNet contracts

The CarbonNet Project is investigating the potential of establishing a commercial-scale carbon capture and storage (CCS) network that would bring together carbon dioxide capture projects in Victoria’s Latrobe Valley and transport it via a shared pipeline into offshore Bass Strait sites. Recently, MMA has been awarded three contracts for CarbonNet valued with a total revenue …
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AEMO calls for more supply

With average consumption of 50 GJ/a, Victorians use more gas for cooking, heating and hot water than households in any other state across Australia.

Gas Read more

Duo fail to find Bass buyer

ExxonMobil and BHP have run the 50:50 Gippsland Basin Joint Venture (JV) since the 1960s, which was one of the world’s biggest producers of Read more

Beach increases production target

Strong operating performance also underpins Beach’s decision to increase standalone FY18 production guidance to 10.6-11.0 MMboe, up from the previous guidance of 10.0-10.6 MMboe. Beach’s production for the December 2017 quarter was up 3 per cent to 2.6 MMboe, including record operated gas production in December. Revenue also increased by $30 million up to $208 …
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Victoria releases VGP report

Victorian Minister for Resources Tim Pallas launched the report with Victoria’s Lead Scientist Amanda Caples at the Core Library in Werribee on Friday last Read more

Beach bags offshore interests

Beach will acquire Toyota’s 5 per cent stake in the Otway Gas Project (OGP) and 11.25 per cent stake in the BassGas Project for Read more

APA to buy and upgrade Orbost plant

Under the terms of the HoA, the two companies have agreed to exclusively negotiate APA’s acquisition, upgrade and operation of the Orbost Gas Processing Read more