Gas exploration company in australia origin beetaloo. Origin, our joint venture jv partner and operator of the beetaloo project, in the northern territory, australia, has signed a rig contract with ensign australia pty ltd. Origin has been exploring in the beetaloo basin since 2014. Petrophysical assessment of australian organicrich shales. Social licence to operate in the beetaloo basin and.
We will keep you updated on key project milestones, share stories from the beetaloo, and share further details of the work were doing to protect the. The worlds oldest petroleum systems matthew silverman1 and thomas ahlbrandt2. If successful, the beetaloo basin project will create a substantial gas resource for future supply to domestic andor international markets as well as a major new longterm industry for the territory. The partially drilled horizontal hole will now be plugged with engineered cement, as we are required to do under regulations.
Earlier this year, the nt government lifted its threeyear moratorium on exploration fracking for onshore shale gas in the beetaloo basin. Mesoproterozoic unconventional plays in the beetaloo basin. This environmental management plan emp forms the basis of origins application to the northern territory nt minister for. Origin sitting on beetaloo shale gas bonanza origin energy estimates it has 6. Drilled by origin energy in dec 15 td 3,808m, incl. Origin to resume beetaloo exploration in nt as soon as practical 17 april 2018 origin executive general manager integrated gas, mark schubert said, following the very thorough and detailed independent scientific inquiry, we are pleased that a sensible and factbased decision has been made that will allow appropriately regulated activity to resume. Origin have made a lot of claims about their fracking project in the beetaloo basin and here is a version. Origins partner in the beetaloo basin, falcon oil and gas, announced the results. Origin energy b2 pty ltd beetaloo basin velkerri drilling and. Free download origin energy origin energy business model. While activity at the beetaloo basin project about 600 kilometres southeast of darwin has been scaled back due to the nts fracking moratorium, origin is keenly eyeing a potential resumption of work. The beetaloo basin is one of the most promising shale gas resources anywhere in the world, but the viability of a gas resource is about more than just the volume and quality of the resource a major factor is whether we can extract the gas safely. Both sides of politics promise to underwrite multibillion dollar gas pipeline development in northern australia but experts say it will have big implications for.
Fac is very pleased to announce that origin energy b2 pty ltd. Origin acquired sasols interest, increasing its share in the project to 70%, in may 2017. Origin energy managed to drill a half dozen deep holes into the beetaloo before a territorywide moratorium came into effect earlier this year and found what they expected, theres oceans of gas. This beetaloo basin play is perfect in the sense that its huge, and its in the middle of nowherethe aussie outback. Stay up to date with origin s beetaloo exploration project if youd like to stay up to date with our beetaloo gas exploration project in the northern territory please enter your details below. Beetaloo basin drilling results indicate material gas. Beetaloo basin drilling results indicate material gas resource.
Ogfgf is looking to increase its onshore gas exploration efforts in the northern territory, where it is the operator of the beetaloo basin project. The beetaloo basin has more than 3,000m of sediment column in which two world class source rocks have been. Origins exploration program includes drilling wells that target underground shale rock formations in the beetaloo basin that will require fracking. For example, late 2019 drilling by origin energy in the beetaloo basin is focusing on areas where the gas reserves could also include liquid petroleum gas and condensate. The farmout involves australias origin energy limited and south africas sasol carrying falcon in a nine well drilling program.
Origin, as operator of the beetaloo joint venture, has confirmed that the kalala s1 well in ep98, northern territory, was spudded at 20. The field is being developed by origin energy 70%, operator and falcon oil and gas 30% in a joint venture jv under the beetaloo exploration project. As demonstrators in darwin opposed fracking, origin was testing at beetaloo. Origin to resume beetaloo exploration in nt origin energy. The battle for beetaloo queensland country life queensland. Falcon origin energy increases interest in highly prospective beetaloo joint venture to 70%. Northern territory to decide about fracking ban only after. This country is caught in a catch22 with energy oil and. The beetaloo basin is of precambrian age and is situated approximately 600km south of darwin. In addition, origin undertook a resource study based on the amungee nw1h well results and other key wells in the beetaloo basin including regional seismic data to determine a. The beetaloo aggregation spans 1,050,000 hectares of the barkly tablelands. Origin energy limited is an integrated energy company.
Accr investor briefing origin energy australasian centre for. Special recognition to alan flavelle and john karajas for sharing their personal stories and insight into omega oils exploration history in the beetaloo subbasin in the early to mid1990s, and unpublished information and reports on the kyalla. Mesoproterozoic subbasin within highly prospective paleomesoprot greater mcarthur basin beetaloo subbasin, nt vast geologically continuous shale gas subbasin 100s of tcf of gas in place 1st horizontal hydraulically fractured well successfully flowed. Australias top energy retailer, origin energy, said that it doubled its stake in the beetaloo basin shale gas field in australias northern territory. Take a tour of the beetaloo project, origins groundbreaking exploration operation in the northern territory. Explore beetaloo basin profile at times of india for photos, videos and latest news of. Spatial and temporal variation in detrital zircon age. Multiple conventional and unconventional oil and gas opportunities have been identified. Todays announcement of acceptance for assessment of the kyalla 117 n2 exploration well emp targeting the kyalla shale is an exciting development for falcon shareholders as the jv prepares to recommence drilling in the highly prospective beetaloo subbasin in 2019. Origins stake in the project doubles to 70% as a result of the deal. Nts beetaloo basin home to almost 400 years worth of gas. The vertical section of the well is safe and the steel and concrete barriers protecting groundwater and the environment remain in place.
As of late 2019, like shale gas, shale oil extraction in australia is in the exploration stage. Aussie oil and gas major origin energy has boughtout sasol from the beetaloo basin shale venture in the northern territory. We thank yang xingwang schlumberger for petrophysical evaluation and macquarie university for nanomin tm imaging analysis. Shale resources and opportunities, beetaloo subbasin. Fracking well site sits dormant as origin waits on northern territory. Beetaloo and mungabroom, developed by the late innovative cattleman john dunnicliff with financial backing from retail magnate brett blundy, is being offered for sale by the dunnicliff familys barkly pastoral co. Origin believes there is a huge amount of gas in the beetaloo basin potentially about 6. Origin has a 70percent interest in exploration permits over 18,500 square kilometers 7,140 square miles in the beetaloo basin, where estimates point to 2c contingent resources of 6. Kyalla 117 n2 exploration well emp accepted for assessment. The unique geologic history of the beetaloo region has preserved source rocks from the proterozoic, and been subject to relatively limited tectonic activity, while still burying and. The origin beetaloo exploration project is a multiyear project, which if viable, will deliver longterm economic, social and environmental benefits in australia and asia. Australias origin energy steps up onshore exploration inn.
Beetaloo subbasin velkerri 20192024 drilling, hydraulic fracturing. Beetaloo basin baseline groundwater assessment final v3. The traffic police have made basin bridge oneway on a temporary basis to ease flow of vehicles which used to line up for at least a kilometre on all sides, choking movement. One of the emerging plays of particular interest is the mesoproterozoic velkerri formation of the beetaloo subbasin beetaloo in the northern territory nt. Drilling and seismic results across more than 10,000km 2 illustrate the continuity of the velkerri formation shale gas play over a large area. This method was used to test all the beetaloo subbasin and urapunga region samples.
New surveys confirm the northern territorys beetaloo basin is home to enough gas to supply australias domestic market for almost 400 years. A group including origin and falcon oil and gas, who jointown the amungee nw1h well near daly waters, is one of the major players in the beetaloo basin. Origins beetaloo bonanza just in time to beat ban beetaloo basin gas project in the northern territory. The project comprises exploration permits ep 161, ep 162 and ep 189 and is located in close proximity to darwin 600km south, a. Traditional owners ramp up fight against origin energy to end. Map directions to beetaloo valley rd beetaloo valley, sa 5523. Origin betaloo subbasin 20192024 drilling, hydraulic fracturing. The company is engaged in the exploration, production, generation and the sale of energy to households and businesses across australia. These companies are two fantastic partners for falcon. And extending this, that government plays a more active and creative role in the discussion and engagement of these issues and the development of the industry itself. A multidimensional scaling mds plot of sedimentary samples from beetaloo subbasin this study.
Property data for 4 beetaloo street, tiwi, nt 0810. The property consists of four exploration permits which encompass approximately 7,000,000 acres. See also pr19910020, pr19920122, pr19920027, pr19890086. The beetaloo exploration project is supported by the host native title holder family groups in the areas where we are currently exploring. Beetaloo is an onshore shale gas field located in the beetaloo basin, approximately 180km southeast of katherine in the northern territory, australia. View sold price history for this house and research neighbouring property values in tiwi, nt 0810. Social licence to operate in the beetaloo basin and northern territory v appears to be of real interest to most of those spoken with. Fo and partner origin energy have agreed to accelerate exploration activity for the beetaloo shale project together they now deem the stage 1 campaign to be. Sydney, may 5 reuters australias top energy retailer, origin energy, said on friday it doubled its stake in the beetaloo basin shale gas field in australias northern territory. The beetaloo basin kyalla 117 n2 civil construction environmental management plan emp forms the basis of. The beetaloo sub basin is located in the northern territory, 600 kilometres south of darwin, close to infrastructure including a highway, a pipeline and a railway, offering transport options to the australian market and beyond via liquefied natural gas lng capacity in darwin to the north and in queensland to the east. Origin has also undertaken a resource study based on amungee nw1h well results and other key wells in the beetaloo basin including regional seismic data. Indigenous groups, particularly around the beetaloo basin and gulf regions, have vocally opposed fracking in the nt. Could the mesoproterozoic kyalla formation emerge as a.
Falcon spuds beetaloo w1 vertical well in beetaloo basin. Origin energy completed exploration campaigns in 2015 and 2016 in the beetaloo subbasin of the greater mcarthur basin in the northern territory, drilling. Australias origin energy doubles stake in beetaloo shale. Why are you fracking the in the northern territory. Beetaloo w1 well completion report basic title holder company. Accr has requisitioned four resolutions for discussion at the agm of origin energy. A company spokesperson told the guardian that origin would categorically deny the allegations that form the basis of ms mcdows most recent claim and vigorously defend the claim in court. Mesoproterozoic unconventional plays in the beetaloo basin, australia. Beetaloo buying 10,000 weaners to stock newly watered country. Unconventional gas potential in the northern territory. Beetaloo gas field project, northern territory, australia.
882 1430 484 753 703 42 1511 497 486 1073 1000 557 1503 163 43 866 411 1134 1507 502 1131 1235 1095 1277 1064 86 423 1128 304 301 284 906 1323 365 434 614 1242 829 1200 761 1316 1473 1209