Wednesday, 17 May 2023 05:51

Otway Basin boost

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May 17 (LNGJ) - Beach Energy, the company involved in the Waitsia gas development and LNG project in the Perth Basin of Western Australia, has also progressed with new gas wells connected to the Otway Gas Plant in the southern Australian state of Victoria.

   The company said it had connected two more gas wells in the offshore Otway Basin to the Otway Gas Plant and was now delivering additional gas into the Australian East Coast domestic gas market. “Four of the six Otway development wells that were drilled as part of the major drilling campaign are now connected,” Beach said. The company added that it was reviewing its preferred approach to connecting the final two wells, which will require either the repair or replacement of a flowline.

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Beach Energy increased sales in the fiscal first half and was on scheduled to have first natural gas from an LNG feed-gas project in Western Australia and first gas from an East Coast venture while the company painted a gloomy picture of the energy business in New Zealand.

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Beach Energy, the Australian exploration and production company set to become the nation’s newest LNG exporter in 2023, said it was continuing to improve natural gas assets at home around the Otway Basin offshore in south Australia and in New Zealand in the Taranaki Basin.

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