Beach Energy Ltd (ASX: BPT, Beach) is pleased to announce first gas from the Thylacine West 1 and 2 development wells following successful connection to the Otway Gas Plant.
The Thylacine West development wells are located approximately 70 kilometres south of Port Campbell at a water depth of approximately 100 metres. The field is connected to the Thylacine subsea network via a 4.2 kilometre 8” flowline.
Commenting on first gas, Managing Director and CEO Brett Woods said: “First gas from Thylacine West marks completion of the largest ever offshore drilling and development program in the Otway Basin, a major achievement for Beach.
“The Thylacine West development wells have provided a material increase in well deliverability for the Otway Gas Plant. With the market regulator AEMO continuing to forecast gas supply shortfalls on the East Coast in the near-term, Thylacine West is a critical and timely source of new gas supply for our customer and domestic users.
“This project is another important step toward delivery of Beach’s near-term growth objectives. I thank our staff, contractors and valued stakeholders for the safe completion of the Thylacine West development” Mr Woods said.
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