Oil

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
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PNG LNG

Oil Search set to abandon Gobe prospect in PNG

Oil Search has continued a drilling program at the Gobe Footwall 1 ST1 well in Papua New Guinea with unsuccessful results. The well, which was spudded in November last year, reached a total depth of 4370
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BP marks end of 2019 with fifth major project

BP has continued to return strong performance in the December quarter of 2019 with operational momentum at the forefront. The company’s upstream production in the quarter reached 2698 mmboe/d, marking
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Naccowlah block exceeds Bounty expectations

Bounty Oil & Gas is celebrating continued success during the 2020 oil appraisal program at the Naccowlah block in southwest Queensland. Located in the Cooper-Eromanga Basin and covering an area of
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Triangle lifts production at Cliff Head

Triangle Energy managing director Rob Towner has commended the company’s commitment to increasing production and reserves at its Cliff Head oil asset in the Perth Basin, Western Australia. The company
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PNG drops P’nyang deal with ExxonMobil

The Papua New Guinea Government has reportedly pulled the plug on negotiations with ExxonMobil in regards to developing the P’nyang gas project following the company’s “unwillingness to agree to
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State Gas CNG

Pancontinental flags Cooper Basin drilling program

Pancontinental Oil & Gas has reflected on a December quarter where the company formalised a farmin over two exploration permits onshore Queensland. The ATP 920 and the Ace Area of ATP 924 permits are
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Blue continues work on alternate pipeline route

Blue Energy has highlighted an extension of its memorandum of understanding (MOU) with APA Group for the Bowen Basin gas pipeline route in Queensland as a key activity for the company during the December
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Drilling contract completed for Sasanof-1 well

Cue exploration at Ironbark-1 progresses

Cue Energy has reflected on a positive 2019 which wrapped up by having the NOPSEMA public consultation period for its Ironbark-1 exploration well environment plan offshore Western Australia completed.
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