Australia: Beehive work program approved

Image courtesy of Melbana Energy

Australian independent oil and gas company, Melbana Energy has received approval from the National Offshore Petroleum Titles Administrator to suspend the deadline for completion of its WA-488-P permit year work obligations by 15 months to 21 December 2020.

NOPTA’s approval follows May’s recent completion of the Beehive 3D seismic survey, as well as the previously announced crediting of the survey against the future permit year four obligation.

France’s Total and Australia’s Santos have an option to acquire a direct 80% participating interest in the permit located offshore Western Australia in return for continuing to fully fund the costs of all activities until completion of the first well in the permit.

The option is exercisable by either Total or Santos at any time but no later than 6 months from the receipt of processed seismic survey data.

Beehive is located close to several existing facilities including the Inpex-led Ichthys LNG project and Blacktip field and pipeline offering several options for future gas monetization.

The Beehive prospect could potentially be the largest undrilled hydrocarbon prospect in Australia, according to Melbana.

Share this article

Follow LNG World News


<< Feb 2019 >>
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 1 2 3

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

2nd CWC Japan LNG & Gas Summit

The highly successful CWC Japan LNG & Gas Summit returns for a second year from 19-20 February 2019 in Tokyo, Japan…

read more >

Global LNG Forum 2019

Global LNG Forum is your opportunity to see what the future of LNG will be like…

read more >


LNG2019 is presented by the IGU, GTI and IIR, supported by the Shanghai Government and hosted by China LNG Association, China Gas Society, The Chinese Association of Refrigeration and China Gas Association.

read more >