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Environment Report - Santos

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1. Introduction<br />

Existing TXU WUGS<br />

facility<br />

Port Campbell<br />

National Park<br />

Sales gas<br />

30 km (16 nm)<br />

Nearshore<br />

rocky reef<br />

Two subsea wellheads<br />

Horizontal directional drill<br />

shore crossing under<br />

Port Campbell National Park<br />

Gathering manifold<br />

70 m<br />

water depth<br />

Subsea pipeline to shore and<br />

control umbilicals<br />

Reservoir depth<br />

up to 2,000 m<br />

below sea level<br />

Development wells<br />

drilled by jakck-up rig<br />

Not to scale<br />

Casino<br />

Gas Reservoir<br />

Figure 1.2<br />

Casino Gas Field Development schematic<br />

1.2.2 Australian Worldwide<br />

Exploration Limited<br />

Australian Worldwide Exploration Limited<br />

(AWE) is an Australian oil and gas<br />

exploration and production company<br />

listed on the Australian Stock Exchange<br />

(ASX). AWE was founded in Australia in<br />

1997. Its assets include interests in the<br />

Kipper, Basker and Manta gas and oil<br />

fields in the Gippsland Basin (interests<br />

sold in 1999), the Pillantoqui light gas<br />

field in Argentina and exploration acreage<br />

in the Taranaki Basin of New Zealand.<br />

In late 1999, AWE acquired a 96% controlling<br />

interest in Omega Oil NL and this<br />

became a wholly-owned subsidiary in<br />

September 2002. In January 2000, AWE<br />

acquired all of the Australian assets of<br />

Premier Oil plc, including a 33% share of<br />

the producing Beharra Springs gas field<br />

located in the Perth Basin, Western Australia.<br />

AWE also has a 30% interest in<br />

the Yolla gas field in Bass Strait that is<br />

currently being developed.<br />

During 2001, AWE commenced development<br />

of the Las Bases and Estancia<br />

el Colorado gas fields in Argentina and<br />

the Beharra Springs North onshore gas<br />

field in Western Australia. In mid 2003,<br />

AWE acquired a 25% interest in VIC/<br />

P44, containing the Casino gas field.<br />

1.2.3 Mitsui & Co. (Australia) Ltd<br />

Mitsui & Co. (Australia) Ltd (Mitsui) is<br />

100% owned by its parent company,<br />

Mitsui & Co., Ltd of Japan, which has<br />

offices in 210 cities spanning 93 countries.<br />

Mitsui opened its first Australian office in<br />

Sydney in 1909, followed by a Melbourne<br />

office in 1917. Since the 1960’s, Mitsui’s<br />

activities have expanded to include working<br />

with the public and private sectors in<br />

Australia. Mitsui is active in the development<br />

of minerals, energy and agricultural<br />

exports, investment and, more<br />

recently, promoting new areas, including<br />

telecommunications and forestry.<br />

Australian petroleum joint ventures include<br />

the Northwest Shelf LNG project,<br />

Timor Sea exploration and 25% of VIC/<br />

P44 which contains the Casino gas field.<br />

1.3 Project Justification<br />

Gas from the Casino gas field is earmarked<br />

for use by Victorian consumers<br />

during 2006 as a supplement to existing<br />

Victorian gas reserves, catering for the<br />

predicted increase in demand. The<br />

project development schedule aims to<br />

have the gas available to consumers to<br />

meet the winter peak gas use period.<br />

Other potential benefits of the Casino<br />

Gas Field Development include:<br />

• Employment, particularly during construction.<br />

• Direct and indirect commercial benefits<br />

during construction and operation<br />

through the provision of support<br />

services to the project.<br />

Casino Gas Field Development 3

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