Beach Energy Ltd.
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About
Beach Energy is an ASX listed, oil and natural gas, exploration and production company headquartered in Adelaide, South Australia.
Founded in 1961, we have operated and non-operated, onshore and offshore, oil and natural gas production from five producing basins across Australia and New Zealand and we are a key supplier to the Australian east coast natural gas market.
Beach’s asset portfolio includes ownership interests in strategic oil and natural gas infrastructure, such as the Moomba processing facility and Otway Gas Plant, as well as a suite of high potential exploration prospects.
Editor's note: Updated Feb. 14, 2020.
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News
Australian LNG Producers Rise After Favorable Petroleum Tax Change
Shares of Australian LNG producers rose on May 8 after the government adopted changes to petroleum tax to ensure growth projects were not impacted.Â
Beach Energy Results Disappoint; M&A Sought in Australia, New Zealand
As its shares tumble 13%, CEO says Beach is holding its capital in pursuit of acquisitions.
Best of This Week’s Drilling Activity Highlights (Oct. 1, 2021)
Two Bone Spring wells completed by Devon Energy in a new field in the Permian Basin in New Mexico’s Lea County plus Southwestern Energy Marcellus Shale wells and a gas discovery reported in Jordan top this week’s oil and gas drilling activity highlights from around the world.
Best of This Week’s Drilling Activity Highlights (Sept. 17, 2021)
A Mewbourne Oil well completed in Ochiltree County, Texas, plus a Chesapeake Energy Marcellus Shale discovery as well as additional finds offshore Australia’s Otway Basin and Java Island, Indonesia top this week’s oil and gas drilling activity highlights from around the world.
Best of This Week’s Drilling Activity Highlights (March 19, 2021)
Two Middle Bakken completions in McKenzie County, N.D., offshore Otway Basin gas test drilled from onshore pad, and results from offshore South Africa Luiperd prospect round out this week’s best of activity highlights.
E&P Plus: January 2021 International Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights from around the world including a new gas condensate find in the Norwegian Sea by ConocoPhillips plus Equinor’s latest oil discoveries offshore Newfoundland, Canada.
Australia’s Woodside and North West Shelf Partners Sign Deals to Process Gas
Woodside Petroleum and its North West Shelf LNG venture partners executed two agreements to process gas through the project's facilities in Western Australia, the gas producer said on Dec. 23.
Beach Energy Inks Rig Contract with Diamond Offshore
The agreement provides for the drilling of up to nine wells (six firm and three options), with drilling operations expected to commence between December 2020 and March 2021.
Best of This Week’s Drilling Activity Highlights (April 9, 2020)
Southwestern Energy Marcellus Shale completions plus a Wolfcamp producer completed by Occidental Petroleum in New Mexico’s Eddy County top this week’s drilling activity highlights from around the world.
Best Of This Week’s Drilling Activity Highlights (Feb. 14, 2020)
Chesapeake high-volume Marcellus, Haynesville completions plus Continental Middle Bakken discoveries and Alaska North Slope delineation tests by ConocoPhillips top this week’s drilling activity highlights from around the world.