EXPLORATION

Bight Petroleum granted extension to GAB permits 

Work program includes seismic and exploration wells  

 Work program includes seismic and exploration wells  

Work program includes seismic and exploration wells  

This week the National Offshore Petroleum Titles Administrator approved two applications submitted by Bight Petroleum to extend two permits, EPP41 and EPP42, in the Duntroon Sub-basin within the Great Australian Bight. 
 
According to the approval documents, the authority has suspended previous work commitments for 24 months, but after that Bight Petroleum will still need to acquire seismic, geological and geophysical studies, and drill a total of three exploration wells across the two permits. 
 
Proposed 3D seismic will cover both shallow water and deepwater prospective targets. 
 
Both permits were initially granted to Bight Petroleum in 2011 as part of the 2010 Offshore Petroleum Exploration Acreage Release, and with the extensions will now expire in June 2024.
 
Combined the two licenses stretch across 8,514sq.km within the frontier region of the Duntroon Sub-Basin, which Bight Petroleum said was one of the world's largest under-explored late Cretaceous basins. 
 
The permits sit in water depths ranging from 120 metres to 1600m to the west of Kangaroo Island. 
 
"The geology, and the prospective potential in both shallow and deeper water environments, make these blocks high impact exploration candidates within easy reach of the South Australia coast and existing infrastructures," Bight Petroleum says on its website. 
 
The permits are close to shore and infrastructure that would allow quick tie into gas-hungry east coast markets.
 
In May 2012, the local Kangaroo Island Council - then led by activist mayor Peter Clements - provided a submission to a parliamentary inquiry into drilling in the Great Australian Bight expressing the council's concerns over Bight Petroleum's intentions to explore for oil and gas nearby. 
 
Since then Mayor Clements has left the council and the new mayor Michael Pengilly has publicly endorsed oil and gas exploration off the coast of South Australia. 
 
Speaking to Energy News yesterday, mayor Pengilly said he was "quite confident" with the ability of the natural regulator NOPSEMA and industry in conducting exploration and production. 
 
"The previous mayor Clements acted like a pork chop. But we have no motion on the books against oil and gas," Pengilly said. 
 
Pengilly's predecessor went to Equirnor's annual general meeting last year in Oslo, Norway, to protest the oiler's plans for exploration well Stromlo-1. 
 
"We need oil and gas. Good on industry, I say." 
 

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry