{"id":74146,"date":"2022-07-25T04:30:12","date_gmt":"2022-07-24T18:30:12","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/?p=74146"},"modified":"2022-07-19T16:48:10","modified_gmt":"2022-07-19T06:48:10","slug":"beach-energy-completes-largest-drill-campaign-in-otway-basin-history","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/news\/beach-energy-completes-largest-drill-campaign-in-otway-basin-history\/","title":{"rendered":"Beach Energy completes “largest” drill campaign in Otway Basin history"},"content":{"rendered":"

BEACH Energy has wrapped up an 18-month seven-well drill campaign in the Otway Basin, which the company said was the largest in the region\u2019s history.<\/p>\n

Taking place in federal waters between 32 to 80 kilometres from Port Campbell, two wells are already online, another four are due to start feeding in mid-2023, and another exploration well is in the pre-feed stage.<\/p>\n

Beach drilled its first well in February 2021 and finished its seventh earlier this month, the only Australian offshore operator to drill continuously through the COVID-19 pandemic.<\/p>\n

The program covered three areas known as the Artisan, Geographe and Thylacine fields, but Beach also has another nearshore well in state waters, Enterprise, that is similarly expected to come online next winter.<\/p>\n

\"\"
The Ocean Onyx has just completed drilling seven wells in the Otway Basin.<\/figcaption><\/figure>\n

\u201cThe collective effort has seen Beach deliver new gas at a time when it is desperately needed,\u201d chief executive officer Morn\u00e9 Engelbrecht said.<\/p>\n

Mr Engelbrecht described the completion of the company\u2019s first offshore drilling campaign as a significant achievement that \u201chas materially de-risked the Otway program and proven Beach\u2019s offshore operating capabilities.\u201d<\/p>\n

A spokesperson for the company said 100 per cent of the gas produced went into the eastern gas market for domestic retailers and will constitute between 13 per cent to in excess of 20 per cent of the state\u2019s existing gas output.<\/p>\n

The recent works were due for completion a year earlier but the project was delayed after the company terminated its contract with owners of the Ocean Onyx drill rig because it had arrived late to the state in April 2020.<\/p>\n

\"\"
The rig under tow by Geelong based tugs Siem Amethyst and Siem Aquamarine.<\/figcaption><\/figure>\n

The lit up rig was spotted from shore by Kennett River locals late on Monday last week as it was towed towards the heads and into Port Phillip Bay.<\/p>\n

Two Geelong-based tug supply vessels, Siem Amethyst and Siem Aquamarine, navigated the Ocean Onyx rig through the Port Phillip channel the next day.<\/p>\n

Expansion of the oil and gas sector in the Otway Basin has been a politically sensitive issue for both Labor and the Coalition at state and federal levels, particularly during the recent election<\/a>.<\/p>\n

The Greens, who increased their numbers in both the lower and upper houses of federal Parliament, have signalled their intention to push forward with a bill <\/a>seeking to amend existing oil and gas legislation that would exclude future exploration and extraction in the Otway Basin.<\/p>\n","protected":false},"excerpt":{"rendered":"

BEACH Energy has wrapped up an 18-month seven-well drill campaign in the Otway Basin, which the company said was the largest in the region\u2019s history. Taking place in federal waters between 32 to 80 kilometres from Port Campbell, two wells are already online, another four are due to start feeding in mid-2023, and another exploration […]<\/p>\n

Read More…<\/a><\/p>\n","protected":false},"author":196,"featured_media":74159,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7],"tags":[],"post_folder":[],"class_list":["post-74146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"\nBeach Energy completes "largest" drill campaign in Otway Basin history - Surf Coast Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/news\/beach-energy-completes-largest-drill-campaign-in-otway-basin-history\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Beach Energy completes "largest" drill campaign in Otway Basin history - Surf Coast Times\" \/>\n<meta property=\"og:description\" content=\"BEACH Energy has wrapped up an 18-month seven-well drill campaign in the Otway Basin, which the company said was the largest in the region\u2019s history. 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