Anzon begins production from Basker field

Nov. 16, 2005
Anzon Australia Ltd. began production from the Basker field in offshore Gippsland Basin, Victoria.

Offshore staff

(Asia-Pacific) - Anzon Australia Ltd. began production from the Basker field in offshore Gippsland Basin, Victoria.

The Basker-2 well was opened up November 14 and soon was flowing oil to surface via a subsea completion and 1.9 km flowline to the FPSO, theCrystal Ocean.

The initial flow rate from the upper interval (of a completion optionally capable of producing from either one or two intervals), was established at 9,500 b/d of oil with no water production and was accompanied by approximately 10 MMcf/d of solution gas.

The inlet choke pressure on the FPSO was 1,400 psig.

This development is in 155 m water depth, 75 km offshore in the Bass Strait, and involves the first FPSO in the Gippsland basin.

The start-up was achieved 12 months after project initiation and 11 months since the listing of Anzon Australia.

The participants in the BMG Joint Venture are Anzon Australia Limited 62.5% (operator) and Beach Petroleum Ltd 37.5%.

11/16/05