Diamond Offshore disputes Beach contract termination

Diamond Offshore Drilling has filed a complaint to the United States bankruptcy court disputing Beach Energy’s termination of a $US65 million ($101 million) drilling contract in the Otway Basin, Victoria. Read more

Victoria lifts ban on onshore gas

The Victorian Government will today introduce two new bills that will see the freeze on onshore gas exploration and production lifted, and fracking banned for good. Read more

Beach increases budget for 2020 project development

Beach Energy managing director Matt Kay has applauded the company for its “extremely active” drilling across the Cooper, Perth and Otway Basins during the December 2019 half year, with 105 wells drilled at a success rate of 83 per cent. Read more

Extreme rainfall impacts Albany-1 ST1 joint venture

Vintage Energy (50 per cent) as operator of the STP 2021 joint venture with Metgasco (25 per cent) and Bridgeport Cooper Basin (25 per cent) has advised that the SLR Rig 185 has been fully demobilised from the site. Read more