Since the discovery of the Waitsia gas field (by AWE) in 2015, the North Perth Basin has become the locus of material hydrocarbon discoveries in Australia.
The 2019 Beharra Springs Deep-1 (Beach Energy), West Erregulla-2 (Strike Energy) and 2021 Lockyer Deep (Mineral Resources) discoveries have confirmed the basin has significant remaining potential.
These outlined gas discoveries have changed the game for explorers, developers, producers and commercial gas users in Western Australia.
Molyneux Advisors want to support operators, JV partners, investors and new entrants to understand and perform in the new Western Australia gas game. As such, we have produced a study that has quantified the gas resource in the North Perth Basin.
The study shows how over the coming decades, Western Australia’s gas supply will be transformed by gas from the North Perth Basin. Furthermore, gas discovered and yet to be found in the North Perth Basin has the potential to meet industrial, mining and residential demand across Western Australia and backfill LNG facilities.