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Gippsland Basin Kipper field, Australia

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25th March 2022

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Gippsland Basin Kipper field.

Location
Australia.

Project Owner/s
ExxonMobil subsidiary Esso Australia operates the Gippsland Basin Joint Venture (JV) on behalf of a 50:50 joint venture with BHP Petroleum and Esso Australia Resources.

Project Description
The Gippsland Basin JV has made a final investment decision to develop additional gas from the Gippsland Basin Kipper field to help secure much-needed supply for the Australian domestic market. 

The project entails the development of additional gas from the Gippsland Basin Kipper field to help secure much needed supply for the Australian domestic market.

The project could deliver an additional 200 PJ of gas between 2023 and 2027. 

About 30 PJ will come online in 2023, and provide critical gas supplies to help avert winter supply risks forecast for Australia’s southern states in the Australian Energy Market Operator’s 2021 Gas Statement of Opportunities report. 

Potential Job Creation
Not stated.

Capital Expenditure
A$400-million.

Planned Start/End Date
Not stated.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
ExxonMobil,  tel +61 39261 0022.

Edited by Creamer Media Reporter

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