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Gas at basin project

GAS has begun flowing at the Middleton Brownlow wet gas project in South Australia's Cooper Basin.
By · 10 Jan 2012
By ·
10 Jan 2012
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GAS has begun flowing at the Middleton Brownlow wet gas project in South Australia's Cooper Basin.

Operators Beach Energy and Drillsearch Energy struck a sales agreement in November to sell the gas to South Australian Cooper Basin joint-venture partners Santos (66 per cent), Delhi Petroleum (20.2 per cent) and Origin Energy (13.2 per cent).

The initial production rate includes 1250 barrels a day of liquefied petroleum gas and 25 million standard cubic feet comprising about 15 terajoules of sales gas. The Cooper Basin has been the main supplier of gas to the east coast for more than 40 years.

Drillsearch shares closed flat at 87.5?, while Beach Energy stocks were 1? weaker at $1.29.

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Frequently Asked Questions about this Article…

The Middleton Brownlow wet gas project is a natural gas development in South Australia’s Cooper Basin. According to the article, gas has begun flowing from the project, which produces both liquefied petroleum gas (LPG) and sales gas.

Operators Beach Energy and Drillsearch Energy struck a sales agreement in November to sell the project’s gas to South Australian Cooper Basin joint‑venture partners: Santos (66%), Delhi Petroleum (20.2%) and Origin Energy (13.2%).

The article reports an initial production rate that includes 1,250 barrels a day of liquefied petroleum gas (LPG) and 25 million standard cubic feet of sales gas, which the article notes is about 15 terajoules of sales gas.

In the article’s context, 'LPG' (liquefied petroleum gas) refers to the 1,250 barrels per day of liquid hydrocarbons produced, while 'sales gas' refers to the 25 million standard cubic feet of pipeline gas destined for sale — the article equates that volume to roughly 15 terajoules.

The article names Santos (66%), Delhi Petroleum (20.2%) and Origin Energy (13.2%) as the South Australian Cooper Basin joint‑venture partners that are buying gas under the sales agreement.

The article states that the Cooper Basin has been the main supplier of gas to Australia’s east coast for more than 40 years, highlighting its long‑standing importance to regional gas supply.

As reported in the article, Drillsearch shares closed flat at 87.5 (as stated), while Beach Energy shares were weaker at $1.29.

The article suggests the project adds new volumes of LPG and sales gas from the Cooper Basin — a region that has supplied the east coast for decades — and it notes the companies involved (Beach Energy, Drillsearch Energy, Santos, Delhi Petroleum and Origin Energy). For investors, that makes the development relevant to the sector and to the named companies' operational updates.