Australia: Gas Supplies Exxon Mobil to Expand West Barracouta Gas Project
On expansion, the project is expected to supply gas to the Australian domestic market. Recently, Exxon Mobil has also completed front-end engineering design work for the project.
Texas/USA – Exxon Mobil has made a final investment decision to develop the West Barracouta gas field in the Bass Strait to bring new gas supplies to the Australian domestic market. The project, located in the VIC/L1 block offshore Victoria, is part of the company’s continuing investment in the Gippsland Basin.
The company recently completed front-end engineering design work for the project, which is part of the Esso-BHP Gippsland Basin Joint Venture, and awarded contracts to Subsea 7 and One Subsea, a Schlumberger company. The project will be tied back to the existing Barracouta infrastructure offshore in Bass Strait, the first offshore field ever discovered in Australia.
Exxon Mobil is expected to produce West Barracouta gas for the Australian domestic gas market by 2021. The Gippsland Basin Joint Venture continues to supply about 40 per cent of east coast Australian domestic gas demand.
The new project builds on more than 4 billion dollars invested by the Gippsland Basin Joint Venture in other recent projects in Victoria to supply Australian domestic gas demand, including the Kipper Tuna Turrum offshore project and the Longford Gas Conditioning Plant.
Exxon Mobil subsidiary Esso Australia operates the Gippsland Basin Joint Venture on behalf of a 50-50 joint venture with BHP Billiton Petroleum (Bass Strait).