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Gas drilling in the Otway Basin yields results | The Standard



news, latest-news, Otway Basin, Gas, Drilling, Port Campbell, Victoria

Beach Energy has confirmed a gas discovery off the coast of Port Campbell, but its chief executive said levels were lower than pre-drill expectations. The well 30 kilometres offshore in the Otway Basin, the Artisan 1, struck success after a more than 2200-metre drill. The Artisan 1 is a joint venture well with O.G. Energy and marks the beginning of the company’s offshore drilling campaign. The well is now being cased and suspended as a future producer for the offshore pipeline, which currently delivers gas from the offshore Thylacine and Geographe gas fields to the Otway Gas Plant. READ MORE: Beach managing director and chief executive officer Matt Kay said the…

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