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Feature Articles

Melbana seeks new partners for Beehive

By Dale Granger | 04/05/2020

04/05/2020 by Dale Granger

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Melbana Energy is back in the hunt for new suitors to partner its aspirations for WA-488-P offshore northern Australia after Santos’ option to farm into the prospect lapsed.

Containing the potentially significant Beehive prospect, the permit is located in the Bonaparte Gulf in some coveted real estate between Blacktip, a producing gas field, and the Turtle and Barnett oil discoveries, which are undeveloped.

Drill by December

The permit carries an obligation to drill an exploration well by December this year and Melbana said its data room had been piqued by results from a 3D seismic survey and work conducted on rig selection and well permitting.

Beehive is a 180km isolated carbonate build-up of Carboniferous age with 400m of mapper vertical relief and a crest at 4,100m. Melbana says it is analogous to the giant Tengiz field onshore Kazakhstan, another Carboniferous isolated carbonate build-up.

Related Articles

Beehive prospect is further de-risked on seismic survey

18/06/2019

Dr Graeme Bethune
‘Gas and Oil exploration renaissance finally underway’

25/06/2019

Santos Building Adelaide
Santos opts out of Beehive farm-in option

10/03/2020

Total and Santos given extension for Beehive decision

07/10/2019

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PESA - Petroleum Exploration Society of Australia

The Petroleum Exploration Society of Australia is a non-profit association of individuals involved in the exploration of oil and gas.

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