Project Profile
Location: Otway Basin, offshore Victoria, Australia
Production: 80TJ/day
Area: 7km2
The VIC/L1 permit in the Otway Basin is located offshore Victoria in Australia. The Speculant discovery is a tilted fault block structure covering over 7km2 in a near shore section off the Otway coast, and sits immediately north of the Halladale and Blackwatch fields previously discovered by Origin in 2006.
The Halladale/Speculant project is expected to boost production at the Otway Gas Plant by up to 80TJ/day and drive growth in underlying EBITDA from FY2017 onwards.
Delivered in two parts, the Halladale/Speculant project involved:
- Drilling from a land base (30-kilometres east of Warrnambool) to access offshore reservoirs locations five kilometres off the coast in the Otway Basin;
- And the construction of the new 33-kilometre Halladale/Speculant pipeline, connecting the well site to the Otway Gas Plant.
Operators:
Origin Energy: Operator with 100% interest
Contractors:
Subcontractors: