Origin Energy Ltd is a 42.5% joint venture partner in the BassGas project located in production license T/L1 offshore Tasmania via subsidiaries.

Origin Energy Ltd is a 42.5% joint venture partner in the BassGas project located in production license T/L1 offshore Tasmania via subsidiaries. Other joint venture partner AWE Limited advised that the final phase of the MLE project works at BassGas (installation and successful commissioning of compressor and condensate pumping unit at the Yolla-A platform) has been completed ahead of time and under budget. This follows the drilling and completion of, and gas sales from, the final two development wells, Yolla-5 and Yolla-6, in 2015. Compression of Yolla gas commenced on 12 June 2017 with production reaching the facility design (nameplate) capacity of 67 TJ/day on 24 June 2017, following a period of performance testing and system fine tuning. Further, AWE Limited is working with the Operator, Origin Energy, on development concept studies for the nearby Trefoil field, which is similar to the Yolla field in terms of gas-condensate mix. Origin is also positioning itself to leverage the booming renewables demand, and accordingly, committing to more than 680 MW since early 2016.


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