# Amplitude Energy will buy fellow domestic independent Beach Energy's operatorship and a 50pc stake in the Artisan gas field.

*business · news · 2026-05-25 · Argus Media*

## Key points

- Amplitude Energy will acquire a 50% stake and operatorship of the Artisan gas field from Beach Energy.
- OG Energy is purchasing the remaining 10% of Beach's stake in Artisan, increasing its interest to 50%.
- Amplitude's payment structure includes a capped royalty of A$3.75/GJ for up to 62PJ gross output.
- Beach will cancel the La Bella-2 well, freeing over A$500mn for other investments between 2025-2029.
- Drilling for the Juliet-1 well at the ECSP is now scheduled for late July or early August.

**Companies:** Beach Energy, Amplitude Energy
**Countries:** Australia, Israel

[Read the full story on Argus Media](https://www.argusmedia.com/en/news-and-insights/latest-market-news/2831049-australia-s-amplitude-to-buy-50pc-of-artisan-gas-field)

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