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September 30, 2011. Apache Energy has committed to developing the Balnaves oil and gas field off Western Australia's north west coast. The Balnaves field is about 250 kilometres north-north-west of Onslow and is amongst the Brunello and Julimar fields. Apache plans to use the fields to feed gas to the new Wheatstone LNG project. Apache will spend $438 million on the project which should be pumping oil by early 2014. Apache says peak production should be 30,000 barrels of oil a day and up to 17 million barrels in total. The company says it will also extract 30 billion cubic feet of gas.
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