Project Profile
Value: $66 Million
Water depth: 46 m
Reserves: 50 billion ft³
Start-up year: August 2016
The Blackwatch and Halladale fields are to be developed through four extended reach wells, which will be drilled from an onshore location. The gas would then be transported from the drill site via two sections of pipeline totalling 10 kilometres. The pipelines would connect the onshore well location to a tie-in point at an existing pipeline, and then further to either the Otway or Iona gas plants. The fields have reserves of gas in excess of 50 billion cubic feet. The Blackwatch field is located in an area of 46m of water.
Halladale and Blackwatch were discovered in 2005 by Origin Energy. Speculant was discovered in 2014. A Final Investment Decision (FID) was planned for late 2011 but was delayed until 2014. The area is currently under development and will be processed through the Otway Gas Project\'s facilities.
Operator:
Origin Energy: Operator with 100% interest