Asset Report
Nearshore Otway Gas Project (Halladale Area, Enterprise)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Nearshore Otway Gas Project is around four kilometres from the Victorian coast. It encompasses four nearshore fields supplying the onshore Otway gas plant: Halladale, Speculant, Black Watch, and Enterprise. Halladale and Speculant achieved first gas in 2016, Black Watch in 2020, and Enterprise in 2024. All fields were developed using extended reach wells drilled from onshore. The project is currently operated by Beach Energy. The gas is processed at the Otway gas plant owned by the Beach-Ofer JV. Sales gas is fed into the South East Australia Gas (SEA Gas) pipeline for supply to the south-east Australian market.
Table of contents
- Summary
- Key Issues
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Emissions
- Wells:
- Facilities:
- Capital Costs
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Operating Costs
- Royalty
- Corporate income tax
- Cash flow
- Global Economic Model (GEM) file
- Cashflow - Enterprise
- Cashflow - Halladale Area
Tables and charts
This report includes the following images and tables:
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Index MapDetail MapParticipation
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Reserves (2P) at 01/01/2026Production (2016-2025)Halladale, Speculant, Black Watch, Enterprise Production ProfileCapital Costs Pre-2017 to 2025 (US$ million)Operating Costs 2026 to 2035 (US$ million)Annual Gas PricesPipeline SummaryCash Flow (US$)
- 13 more item(s)...
What's included
This report contains:
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