An Australian start-up

03/06/2006
The first commercial offshore production in the Perth basin off Western Australia will begin shortly when one of the country’s smaller oil fields is activated.If it were to hold at an initial 10,000 b/d for all of its first year on line, Cliff Head field will have recovered more than one fourth of the 14 million bbl of proved and probable reserves.Cliff Head, when discovered at Roc Oil Co. Ltd.’s first well in Australia in late 2001, was not commercial at then-prevailing oil prices near $20/bbl, said John Doran, Roc Oil chief executive officer.The field figures in an OGJ special report on Australia that starts on p. 20.Cliff Head is in 59 ft of water 7 miles off Geraldton in t...
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