Westside has a range of exploration, development and producing projects in Queensland, Australia and New Zealand. In Queensland, Westside is the operator of all of its assets – its key development project the Greater Meridian Permits and its exploration and appraisal project sites ATP 2047 and ATP 769P. In New Zealand, Westside operates a conventional oil and gas exploration and production portfolio, the Rimu, Kauri and Manutahi fields, located south of Hawera, Taranaki.
Greater Meridian Fields
The Greater Meridian Permits are the cornerstone assets of Westside. The Greater Meridian Permits are the closest producing gas fields to the LNG export facilities at Gladstone and are connected to both the GLNG pipeline and the domestic market via the Queensland Gas Pipeline (QGP). Westside is also a participant of the Wallumbilla Gas Exchange and can supply gas into the east coast domestic gas market via the Wallumbilla Hub.
Westside’s initial investment in the Greater Meridian Permits consisted of PL 94 and the Dawson Co-Development Area. Since 2015, the development of these areas has been underpinned by a 20-year GSA to sell gas to the GLNG project at oil-linked prices. This agreement provides Westside with long-term customer security and a flexible path to expand production.
Westside has subsequently acquired adjacent acreage that makes up the balance of the Greater Meridian Permits. Production from this additional acreage is not committed to GLNG and provides scope for domestic sales.
Authority to Prospect – ATP 2047
Westside’s exploration project ATP 2047 (in joint venture with APLNG) covers an area of over 700 km2 in the Bowen Basin. Westside is the operator of the permit.
The tenement is 27km east of the township of Taroom. Its western boundary is adjacent to APLNG’s Peat project. The APLNG pipeline to Gladstone runs the length of the exploration permit, North of the Wandoan Interconnect.
Authority to Prospect – ATP 769P
- Westside 100%
ATP 769P is located 10km south of Moura and adjoins the western edge of the Greater Meridian Permits.
Longer-term, ATP 769P may gradually be developed as part of the Greater Meridian Permits.
Rimu, Kauri and Manutahi Fields (RKM), New Zealand
In New Zealand, Westside has owned and operated the RKM oil and gas fields since 2016, following the acquisition from Origin Energy Resources NZ (Rimu) Ltd. It is looking to further appraise and develop the Kauri D reservoir, which is a discovered resource of greater than one billion barrels of oil in place.
It has production capability for gas sales to the national grid; propane, butane and liquefied petroleum gas (LPG) trucked into the local market; oil and condensate for export via the Omata tank farm to South East Asia and gas-generated electricity for sale to the national electricity grid from onsite power generation (2 x 640KW generators).
The production facility has a nameplate capacity of 8,000 boe/d and 10 mmscf/d and expandable to 20mmcfd.
The fields have produced more than 2.8 million bbls of crude and 34.1 PJ of gas to date.