Cape Otway, South Australia
Beach ramps up gas output
The Australian firm is increasing gas production in the Otway basin off the coast of South Australia
ASX-listed Beach Energy has drilled seven new wells as it looks to boost gas output in South Australia’s Otway basin. The new wells comprise two on the Geographe field, four at Thylacine field and a fresh discovery called Artisan. The drilling campaign has “de-risked” the Otway programme, says Beach CEO Morne Engelbrecht. The company is predicting a “step-change” in its production and cashflow from mid-2023, when it plans to connect the four Thylacine wells to the Otway gas plant and raise output to 205TJ/d—the facility's nameplate capacity. The Geographe wells are already connected to the Otway plant, which produced an average of 140TJ/d last quarter. This was up from 52TJ/d in the first th
Also in this section
4 December 2024
Associated gas from legacy oil basins could offer a new lease of life to wobbling shale gas production and cement US powerhouse status
3 December 2024
Papua New Guinea’s LNG sector appears to be back on track, with other projects in the pipeline
2 December 2024
Crucial role of gas means country is laying the foundations to control physical and trading supply chains
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
