Beach Energy Redirects $500 Million After Otway Plan Revision
25, May 2026
Beach Energy will redirect more than $500 million in planned Otway spending after revising development plans and restructuring its VIC/L35 portfolio.
Otway Basin
Transocean Rig Resumes Beach Energy Drilling
29, April 2026
Beach Energy has resumed offshore and onshore drilling activity in Australia, with Transocean Equinox working in the Otway Basin and Cooper Basin wells back on track.
ConocoPhillips Australia’s Charlemont-1 finds deep gas in Otway Basin
15, January 2026
Charlemont-1, operated by ConocoPhillips Australia off Victoria, has encountered gas in deeper Waarre zones. The partners are weighing extra wireline logging to better define Otway Basin gas potential.
Australia opens Otway Basin offshore acreage round
11, December 2025
Australia has launched its first offshore oil and gas acreage package since 2022, offering five Otway Basin blocks off Victoria as it seeks to manage future gas supply risks on the east coast.
ConocoPhillips Confirms New Gas Discovery in Otway Basin
17, November 2025
ConocoPhillips Australia has confirmed new hydrocarbon columns in the Essington-1 well within the Otway Basin, identifying successful intersections in both Waarre A and Waarre C reservoirs.
