The national petroleum regulator has given Beach Energy the green light to undertake the Prion 3D marine seismic survey (MSS) over retention leases T/RL2, T/RL4 and T/RL5 in the Bass Strait. The purpose of the Prion 3DMSS is to acquire geophysical data to gain deeper knowledge of the subsurface geology in order to identify commercially …
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Beach Energy has been given the green light by the national petroleum regulator for the ongoing suspension and temporary abandonment (TA) of the non-production well operations for White Ibis-1, Trefoil-1 and Yolla-1 in Tasmania. The non-production well operations (White Ibis-1, Trefoil-1 and Yolla-1) environment plan covers the continued suspension of the wells and routine and …
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Beach Energy managing director Matt Kay has described the 2021 financial year as challenging for the company’s Western Flank, but it remains in a strong position as it delivers on its gas growth projects in the Perth and Otway Basins. Outlined in its 2021 financial year results, Beach Energy has two expiration successes in the …
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Beach Energy has been given the green light by the national petroleum regulator to undertake subsea installation and commissioning activities associated with the Otway offshore phase four development, Victoria. Outlined in its environment plan to the the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA), the project is located in petroleum production licence VIC/L23, …
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Beach Energy managing director and chief executive officer Matt Kay said the company has made positive progress towards delivering its multi-basin growth strategy, with focus on increasing gas production across multiple production hubs during the fourth quarter of the financial year. The company outlined in its quarterly report that it completed drilling the first of …
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Santos and Beach Energy have been awarded a $15 million grant from the Australian Government’s carbon capture and storage (CSS) development fund to go towards the Moomba CCS project in South Australia. The grant is recognition of the national and international significance of the $210 million Moomba CCS project which will safely and permanently store …
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Woodside has announced Meg O’Neill will be the company’s acting chief executive officer (CEO) following Peter Coleman stepping down in preparation for retirement. FAR, MMA Offshore and Beach Energy have also made new appointments, with the appointees bringing knowledge in the oil and gas industry to each company. The following appointments have been made: Meg …
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Origin Energy has been emerged in a price review for gas purchased from Beach Energy’s Otway Basin fields, located in Victoria and South Australia. The arbitrator has now issued a partial award and on the basis of that decision the new gas price is likely to be materially above Origin’s expectations and recent comparable wholesale …
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Red Sky Energy has completed a petrophysical evaluation of the Killanoola Southeast-1 well, which is part of the Killanoola oil project in the Penola Trough, South Australia. The Killanoola oilfield was discovered by the Killanoola-1 well in 1998 at a depth of 850m. Previous flow tests of the well have recorded rates of up to …
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Beach Energy, with joint venture partner O.G. Energy, has confirmed a gas discovery at the Artisan 1 well in licence VIC/P43 offshore Victoria in the Otway Basin. The Artisan 1 exploration well 30km offshore Victoria was spudded by the Diamond Offshore Ocean Onyx Rig last month, marking the beginning of the company’s offshore drilling campaign. …
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