Producer · Mid-Tier · Upstream · Other · Australia
Last updated 21 June 2026
Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.
Portfolio Aggregate · 1 project
Portfolio mode — asset rows are for context only; tab totals use the company aggregation.
Beach Energy Portfolio
Portfolio
Project information
As at 30 June 2025
Description
As at 30 June 2025
Consolidated upstream portfolio of Beach Energy Limited, an ASX-listed, gas-weighted Australian oil and gas producer supplying domestic energy from operations across five basins: the Cooper Basin (Western Flank oil/gas and the Santos-operated Cooper Basin JV), the Otway Basin (Victoria and South Australia), the Bass Basin, the Perth Basin (Waitsia), and the Taranaki Basin (Kupe) in New Zealand. FY25 production rose 9% to 19.7 MMBOE (sales up 16% to 24.7 MMBOE) with first Waitsia LNG cargoes during the year. Net-to-Beach reserves at 30 June 2025 were 93.4 MMBOE 1P, 172.5 MMBOE 2P (76% developed) and 253 MMBOE 3P, with 179.3 MMBOE of 2C contingent resources; 2P reserves life is 8.8 years. Beach is also progressing the Moomba carbon capture and storage project (2P CO2 storage capacity 4.1 Mt; 2C storage 89.2 Mt). The company finished FY25 with A$368 million of net debt and declared total dividends of 9 cents per share.
Portfolio Aggregate
As at 30 June 2025 · 2P
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Reserves & resources — detail
As at 30 June 2025
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Reserves walk · Gross (disclosed)
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Reserves walk · Net change by year
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Operating · 6 projects
Perth Basin (Waitsia)
District
Project information
As at 30 June 2025
Description
As at 30 June 2025
Beach's Perth Basin gas position in Western Australia, centred on the Waitsia gas project (250 TJ/day Waitsia Gas Plant) and Beharra Springs, developed in a joint venture with Mitsui. The Waitsia Gas Plant was constructed and first LNG cargoes were delivered during FY25 via the North West Shelf facilities at Karratha. FY25 production was 1.6 MMBOE. Net-to-Beach 2P reserves are 67.4 MMBOE (gas 392 PJ), the largest single-asset 2P position in the portfolio; the Beharra Springs Deep 3 well result indicated pressure communication across the field, contributing to a downward 2P revision during the year. 2C contingent resources are 6.1 MMBOE.
Oil & Gas metrics
As at 30 June 2025 · 2P
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Reserves & resources — detail
As at 30 June 2025
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Cooper Basin JV
District
Project information
As at 30 June 2025
Description
As at 30 June 2025
Beach's non-operated interest in the Cooper Basin Joint Venture, operated by Santos, producing oil and gas across the Cooper/Eromanga Basin in South Australia and Queensland. FY25 production was 6.0 MMBOE. Net-to-Beach 2P reserves are 46.6 MMBOE (gas 216 PJ, LPG 311 kt, condensate 2.5 MMbbl, oil 4.6 MMbbl), with 82.4 MMBOE of 2C contingent resources; ongoing JV development activity increased the developed proportion of reserves. The Moomba carbon capture and storage project is located within the JV's Cooper Basin footprint.
Oil & Gas metrics
As at 30 June 2025 · 2P
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Reserves & resources — detail
As at 30 June 2025
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Otway Basin
District
Project information
As at 30 June 2025
Description
As at 30 June 2025
Beach's operated offshore gas position in the Otway Basin off Victoria and South Australia, produced via the 205 TJ/day Otway Gas Plant. FY25 production rose 64% to 6.8 MMBOE, driven by new wells connected in October 2024 (e.g. Thylacine West, Enterprise), partly offset by performance at some wells with improved performance at Thylacine Main and North. Net-to-Beach 2P reserves are 33.1 MMBOE (gas 164 PJ, LPG 313 kt, condensate 2.4 MMbbl), all developed, with 24.8 MMBOE of 2C contingent resources.
Oil & Gas metrics
As at 30 June 2025 · 2P
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Reserves & resources — detail
As at 30 June 2025
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Western Flank
District
Project information
As at 30 June 2025
Description
As at 30 June 2025
Beach's operated oil and gas producing area on the Western Flank of the Cooper/Eromanga Basin in South Australia (ex PEL 91 and adjacent permits). The asset is predominantly oil with associated gas; FY25 production was 2.3 MMBOE (1.6 MMbbl oil, down 33%, plus sales gas, LPG and condensate). Net-to-Beach 2P reserves are 13.1 MMBOE (oil 11.6 MMbbl plus 1.5 MMBOE gas), with planning underway for a 10-well oil appraisal and development campaign and the next oil exploration campaign.
Oil & Gas metrics
As at 30 June 2025 · 2P
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Reserves & resources — detail
As at 30 June 2025
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Taranaki Basin (Kupe)
District
Project information
As at 30 June 2025
Description
As at 30 June 2025
Beach's interest in the Kupe gas, LPG and condensate project in the offshore Taranaki Basin, New Zealand, produced via the onshore Kupe Gas Plant. FY25 production was 1.6 MMBOE; Kupe South production performance led to a modest 2P reserves revision. Net-to-Beach 2P reserves are 8.1 MMBOE (gas 35 PJ, LPG 156 kt, condensate 0.7 MMbbl), all developed, with 5.6 MMBOE of 2C contingent resources.
Oil & Gas metrics
As at 30 June 2025 · 2P
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Reserves & resources — detail
As at 30 June 2025
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Bass Basin
District
Project information
As at 30 June 2025
Description
As at 30 June 2025
Beach's operated offshore gas project in the Bass Basin (BassGas), producing from the Yolla field. A low-cost production optimisation initiative and well interventions drove a 91% increase in FY25 production to 1.4 MMBOE and a 2.7 MMBOE increase in 2P reserves; net-to-Beach 2P reserves are 4.3 MMBOE (gas 17 PJ), all developed, with a large 2C contingent resource of 31.3 MMBOE capturing the Trefoil, White Ibis and Bass discoveries. Future development includes potential drilling and abandonment of suspended wells (Trefoil 1, Yolla 1).
Oil & Gas metrics
As at 30 June 2025 · 2P
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Reserves & resources — detail
As at 30 June 2025
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Assumptions
- The projects listed here reflect the information captured in this workspace and are not necessarily a complete picture of the company's portfolio. For authoritative figures, refer to the company's official filings.
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How to read this tab
- The tables below list unit codes most often used in the Oil & Gas sector for this company. MetalPilot stores contained metal or product in the codes below; grade and tonnage use separate fields. In side-by-side comparison views (stock page Portfolio tab, watchlist By sector), heterogeneous source units are converted to each commodity's preferred display unit (for example Moz Au, kt Cu, MMbbl oil) before summing; the same canonical codes appear in project data.
What the Portfolio tab shows
- The Portfolio tab presents a project-level view of the company's reported assets, built from publicly disclosed information (technical reports, annual filings, MD&A, investor presentations, MRMR / R&R statements, NI 43-101 / NI 51-101 / SEC S-K 1300 / SEC S-K 1200 / JORC / SAMREC / PERC / PRMS / COGEH filings, and similar primary sources).
- Figures are grouped by project type (mining, oil & gas, royalty, stream, processing facility, development, portfolio aggregate) and are shown alongside the headline reserve base, headline production, headline grade / quality, cost benchmarks, estimated lifetime, commercial terms (for royalties / streams), operational capacity (for processing) and a single-figure rating where the underlying data supports one.
- Each data table on the Portfolio tab is followed by ONE Assumptions footnote describing the modelling choices for that table; KPI stat-card assumptions appear in the bottom block instead. All legal and section disclaimers are merged into a single disclaimer list at the bottom of the Portfolio tab.
Concepts in your sector — Oil & gas
- 1P/2P/3P — cumulative uncertainty. 1P = Proved (≥90%); 2P = Proved+Probable (≥50%, primary non-SEC metric); 3P adds Possible (≥10%). SEC filers often publish 1P only.
- Contingent (1C/2C/3C) = discovered, sub-commercial. Prospective (1U/2U/3U) = undiscovered. Neither feeds economic models without further work.
- Developed vs Undeveloped: PDP (producing), PDNP (developed non-producing), PUD (undeveloped). Reserves walk PUD→PDP is reclassification, not new discovery.
- BOE uses 6 Mcf gas : 1 bbl oil (thermal, not economic). Some issuers use 5.8:1 — read footnotes.
- Pricing case: Forecast vs Constant (NI 51-101/PRMS) or SEC 12-month average. Do not add cases together.
Portfolio tab — table guide
- Portfolio KPIs — company-level headline numbers aggregated from the featured projects (project counts, attributable annual production by commodity, attributable resource base by commodity, last filing date, operator share). USD value lines multiply attributable volumes by the resolved snapshot price.
- Portfolio snapshot — one-screen summary of the portfolio: counts by type and status, country mix, reporting standards used, operator share, primary commodity, attributable annual production summary and attributable resource base summary.
- Oil & Gas — one row per O&G project (typically a field, licence, play or basin asset), with columns for location, status, primary hydrocarbons, production (with rating), reserves & resources (with rating), costs and estimated lifetime.
- Royalty — one row per royalty interest held by the company. Columns cover the underlying project, operator, commodity, commercial terms (rate, type, cap, area-of-interest), attributable production, attributable reserves and estimated lifetime.
- Stream — one row per metal stream held by the company. Each row shows the underlying project, the streamed commodity, the headline stream percentage, the ongoing per-ounce / per-tonne payment, and attributable production / reserves.
- Processing facilities — one row per midstream / processing facility (pipeline, fractionator, LNG train, storage cavern, refinery, smelter, mill, heap-leach pad, CPP, etc.). Columns include nameplate capacity, contracted capacity, feedstock commodities and operational footprint.
- Development — projects in development status or in a pre-production lifecycle phase. The production column is re-labelled 'Targeted production (rating)' to highlight that the figures are plans, not actuals.
- Portfolio Aggregate — a single company-level row used when the company itself publishes a portfolio rollup (e.g. company-wide 2P barrels across all properties).
- Reserves & resources — detail — a leaf-category pivot showing every reserve and resource category disclosed across the projects.
- Reserves walk — gross (disclosed) — year-by-year reconciliation of the opening balance to the closing balance, broken into Extensions & discoveries, Revisions, Improved recovery, Purchases, Divestitures, Production and Conversion to developed.
- Reserves walk — net change by year — per-year summary of net additions and net deductions across the portfolio.
- NPV (grouped) — all NPV rows captured from the filings, grouped by commodity, resource category, development status and pricing case. Each NPV figure is shown with its discount rate, basis (before-tax / after-tax), currency and value scale.
Ownership / Working interest
- Ownership percentage means the company's working-interest share of the asset: its slice of the project before royalties and before government take. It is shown on a 0–100 scale.
- Mines, oil and gas fields, and processing facilities — this is how much of the asset belongs to the company under that working-interest idea. One hundred percent is fully owned; a lower number usually means partners share the rest.
- Royalties and streaming agreements — the percentage is often not the story; what matters economically is usually the royalty or stream rate, shown elsewhere alongside these figures.
- Oil and gas — read this as gross working interest only. Do not treat it as net production or net wells after royalties; when filings distinguish gross from net, that shows up in how the resource numbers themselves are labelled.
- Below 100% — the short summary for each project names other owners and their stakes when the source says who they are.
- NRI vs WI (O&G). Working interest (WI) is the obligation to pay a share of costs; net revenue interest (NRI) is the share of revenue after royalties and overriding-royalty interests. A 100% WI well rarely produces 100% NRI; typical onshore U.S. NRI is 75–87.5% of WI depending on the lease royalty.
- Operator vs non-operator. The operator runs day-to-day operations; non-operating partners pay their WI share of costs but do not run the asset. Some Portfolio rows show operator share where disclosed.
Hydrocarbon commodity — notes
- The Commodity column shows normalized labels; values are stored as snake_case CommodityCode strings in pkg/domain and project resource rows (for example shale_gas, oil_equivalent).
- Benchmarks and typical relationship cells are informal market context for reading disclosures — they are not MetalPilot price inputs.
Crude grade primer
- API gravity — lower = heavier. Light crude is ≥ 31.1° API (≤ 870 kg/m³); heavy is 22.3–31.1° API; extra-heavy is < 22.3°. Bitumen is ≤ 10° API.
- Sulphur — sweet vs sour. Sweet crude has ≤ 0.5% sulphur; sour > 0.5%. Refineries price the discount on sour crude into the differential.
- WTI vs Brent vs WCS. WTI (West Texas Intermediate, Cushing OK) is the U.S. light-sweet benchmark; Brent (North Sea) is the global light-sweet benchmark; WCS (Western Canadian Select) is the heavy/sour benchmark for Canadian production.
Unit codes, conversion cheat sheets, cost benchmarks (AISC, C1–C3), reporting standards (NI 43-101, JORC, SEC S-K 1300) and resource/reserve category definitions live in the full terminology & units reference.
Each table lists the numeric band for scores 1–5 (production and resource base; grade where applicable for mining commodities) using the same thresholds as project rating stat cards. Only commodities that appear on featured projects for this document are listed.
Oil equivalent (BOE)
Natural gas
Copper uses kt Cu bands (Mlb Cu when lb-scale copper resources appear on featured projects). Lithium grade uses hard-rock % Li₂O bands unless brine-style extraction or brine units appear on featured projects.
Assumptions
- Presented values are denominated in currency of the country where the company is headquartered. Values like market capitalization might differ from the values visible in other parts of the page, where the currency is always USD.
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