Oil & Gas Industry ActivityPlease Note: By electing to visit the sites linking from this page you will be leaving the DPI website.
Field projects under development
Longtom Gas Project - Gippsland Basin - NexusNexus has well advanced into its work in developing the Longtom field which lies about some 30 km south off the Victorian coast near the town of Orbost. The Longtom field is reported to contain 435 petajoules of gas and 5.2 million barrels of condensate. This $230 million project will develop a gas field which is too small to be developed as a stand-alone greenfield project, thereby maximising the use of existing infrastructure which minimises environmental effects and extends the life of the Santos operated Patricia Baleen plant. First gas is expected in 2009.
Henry Gas Project - Otway Basin - SantosSantos is proposing to develop the Henry gas field located 18 km offshore from the Victorian coastline (in Commonwealth waters approximately 65-70 m deep), southwest of Port Campbell. The resource size is estimated to be proven and probable 150 petajoules of dry gas. This $275 million project includes a single well drilled to about 1,785 m depth and a sub-sea tie-back into the existing Casino gas field sub-sea facilities. By using existing infrastructure from the Casino Gas Project, the environmental footprint associated with the Henry Gas Project is expected to be minimal. First gas is expected in 2009.
Basker-Manta-Gummy Gas Project - Gippsland Basin - Anzon AustraliaIn addition to the oil field which is in operation, there are contingent gas and gas liquids estimates, which are about 380 petajoules and 19 million barrels, respectively. To address the issue of additional gas reserves, Anzon is proposing to develop a 70 km pipeline to shore and distribution through the eastern gas pipeline. The gas project is likely to include a gas treatment on a floating facility rather than a land-based plant. First gas is expected in 2011.
Kipper Gas Project - Gippsland Basin - Esso AustraliaThe $1.4 billion Kipper Gas Project has the potential to be one of the largest gas projects in Victoria in recent years, with a confirmed resource of about 620 billion cubic feet of recoverable gas plus 30 million barrels of condensate and LPG. Kipper could provide natural gas to one million Victorians over a period of 15 years. The Kipper field is located in 100 m of water, some 45 km from Ninety Mile Beach on the Gippsland coast. First gas is expected in 2011.
Turrum Oil and Gas Project - Gippsland Basin - Exxon Mobil / BHP BillitonIn July 2008, ExxonMobil announced that the $1.4 billion Turrum Project is approved for development. The Turrum field holds approximately one trillion cubic feet of gas and 110 million barrels of oil and gas liquids - thats enough energy to power a city of a million people for 20 years. The development will involve construction of a new platform bridge-linked to the existing Marlin A platform in Bass Strait. The platform will process additional oil production and gas which will be piped back to existing facilities at Longford. It is anticipated that construction will begin in 2009. Oil production is expected in 2011 and first gas sales expected from 2015.
Field projects moved into operation
Otway Gas Project - Otway Basin - WoodsideThis $1.1 billion project involves the development of the Geographe and Thylacine gas fields, located 55 and 70 km, respectively, from Port Campbell. The Thylacine gas field is in waters administered by Tasmania. This development is based on a remotely operated platform, offshore and onshore pipelines and a gas processing plant located about 6 km north of Port Campbell. The fields together are expected to supply 950 billion cubic feet of raw gas, 12.2 million barrels of condensate and 1.7 million tonnes of LPG. The fields are estimated to contain sufficient natural gas to provide more than 10% of current annual demand in south-eastern Australia over the next 10 years. With first gas sales in September 2007, the project is currently in operation.
BassGas Project - Bass Basin - Origin EnergyThis $750 million project comprises an offshore platform at the Yolla gas field (in waters administered by Tasmania), a sub-sea pipeline to the Victorian coast near Kilcunda, an onshore pipeline to a gas plant near Lang Lang and a sales gas pipeline from the gas plant to join the GasNet system at Pakenham. The Yolla field contains reserves of 438 billion cubic feet of gas, 15 million barrels of condensate, 970 thousand tonnes of LPG and 800 thousand barrels of oil. The project came into operation in mid-2006.
Casino Gas Project - Otway Basin - SantosThis $200 million project comprises the offshore recovery of gas using subsea wellheads and its transportation to shore in a pipeline (35 km offshore and 12 km onshore) to TRUenergys existing Iona gas plant for processing and distribution. The Casino gas field contains estimated recoverable reserves of 280 billion cubic feet of natural gas. The project was launched in March 2006 with the introduction of first gas into the pipeline and the project is currently in operation.
Basker-Manta Oil Project - Gippsland Basin - Anzon AustraliaThe $330 million project was the first to utilise a Floating, Production, Storage and Offtake (FPSO) vessel, the Crystal Ocean in south east Australia. The oil project boasts the outstanding achievement of reaching the milestone of loading the first tanker after being publicly listed only a year prior. With the first shipment in January 2006, the oil project is currently in operation.
Minerva Gas Project - Otway Basin - BHP BillitonThis $250 million project involved the drilling and installation of two sub sea wells in shallow waters (60 m deep and 10 km from the coast) which were tied back to an onshore gas plant (4.5 km inland) via a single pipeline. The project has estimated proven and probable gas reserves of 301 billion cubic feet of gas and 1.24 million barrels of liquids. The project was inaugurated in April 2005 is currently in operation.
Disclaimer: The information presented here is based on publicly available information and may not be accurate.
Past ActivityInformation on past industry statistics can be viewed in the annual Minerals and Petroleum Statistical Review.
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Petroleum Development Adviser
Phone: +61 (0)3 9658 4947