Tagged Carnarvon Basin

Searcher Seismic starts reprocessing Carnarvon data

By Offshore Energy Today.. Searcher Seismic, together with project partner, CGG, has reported that the PSDM reprocessing of ~1,668 square kilometers of 3D seismic data in the Carnarvon Basin, Western Australia has started. The multi-client company said on Thursday that the project comprises broadband PSDM reprocessing of the Western portion of the existing Foxhound 3D…

Woodside, BHP Billiton complete Scarborough transaction

By Offshore Energy Today Australian oil and gas company Woodside has completed the acquisition of half of BHP Billiton’s Scarborough area assets in the Carnarvon Basin, located offshore Western Australia. The acquisition has completed successfully for a purchase price of $250 million and a contingent payment of $150 million payable upon a positive final investment…

BP secures additional feedgas volumes for NWS LNG

By LNG World News BP executed an agreement with Cue Energy Resources to acquire equity in two North West Shelf exploration permits in the Carnarvon basin, offshore Western Australia. Cue Energy Resources said in its statement on Thursday that BP will acquire 80 percent equity in the WA-409-P permit becoming the operator. In addition, the…

BP farms into pair of permits off Australia

By _Offshore_Energy_Today_ Cue Energy Resources has farmed out a part of its interest in the North West Shelf exploration permits WA-409-P and WA-359-P in the Carnarvon Basin, offshore Western Australia, to the oil giant BP. Cue owns 100% interest in both North West Shelf permits and it entered the deal with BP through its 100%…

Carnarvon adds new permit to Australian portfolio

By _Offshore_Energy_Today_ Australian oil company Carnarvon Petroleum has been awarded the WA-524-P permit situated on the flanks of the Dampier Sub-Basin, a part of the highly prospective Greater Carnarvon Basin, on Western Australia’s North West Shelf. Carnarvon said on Tuesday that the new 1,210 sq km permit is located on the Enderby Terrace, which contains…

Woodside buys Scarborough stake from BHP Billiton

By Offshore Energy Today.. Australian energy company Woodside has entered into binding sale and purchase agreements to acquire half of BHP Billiton’s Scarborough area assets in the Carnarvon Basin, located offshore Western Australia. The acquisition includes a 25% interest in WA-1-R and a 50% interest in WA-62-R, which together contain the Scarborough gas field. Woodside…