Over the last 15 years in particular, several offshore Western Australian & Timor Sea crude oil producing facilities have been decommissioned and abandoned, or shut in with the intent of abandonment. Some of the fields associated with these shut in facilities are represented in the table below. Were these fields shut in prematurely, or could…

With three Perth Basin deals announced in recent weeks, is this the start of consolidation in a basin of fragmented ownership? At the recent Good Oil Conference, Jeff Schrull, Beach Energy’s (ASX:BPT) Group Executive for Exploration & Development, presented the Perth Basin as one of Beach’s five key hubs. Beach is preparing for Beharra Springs…