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Coal Seam Gas

APPEA says increased gas supply the real solution to meet demand

MEASURES announced by the Australian Government  to ensure domestic gas demand is met highlight that increased gas supply remains the most pragmatic response to ensuring competitive prices are available to Australian homes and businesses. APPEA said the oil and gas industry would work constructively and collaboratively with the government on the proposed gas market reforms but warned against unintended consequences of market intervention. APPEA Chief Executive Andrew McConville said the

Real confirms new Tamarama gas wells as future producers

WHILE rates from Cooper Basin focused Real Energy Corporation flow testing of the Tamarama gas wells in Queensland weren’t as strong as expected, the company is confident the two wells can be future producers. Located on the company’s ATP-927 permit in Cooper Basin in South West Queensland, the Tamarama-2 and Tamarama-3 wells recorded initial flow rates of 2 mmscf/day and 2.5 mmscf/day respectively. More recently Real Energy has performed extended

WoodMac says Beetaloo Basin could bring long-term gas supply to Australia’s east coast market

ACCORDING to research by Wood Mackenzie, Australia’s Beetaloo basin is the only new gas resource with sufficient scale to supply the east coast market in the long term. Australia’s east coast market has seen a rapid transition from conventional gas resources to unconventional gas supplies. As legacy gas sources mature and decline, the race is on to seek alternative supplies to meet east coast demand. Last year, unconventional coal seam

Galilee Basin gas a step closer to the east coast

AUSTRALIA’S largest gas infrastructure company APA Group has announced it has signed a Memorandum of Understanding (MOU) with Comet Ridge Galilee Pty Ltd and Vintage Energy Limited that includes commencing an in-field work programme to select a pipeline route to connect Queensland’s Galilee Basin to gas markets. Under the MOU, APA, Comet Ridge and Vintage agreed a framework for working together towards entering into a Gas Transportation Agreement (GTA).  APA

APLNG’s acquisition of Origin’s Ironbark project not opposed

THE ACCC will not oppose Australia Pacific LNG’s (APLNG) proposed acquisition of the Ironbark coal seam gas project from Origin Energy. In reaching its decision, the ACCC considered the effect of the acquisition on domestic gas supply and the level of competition between suppliers of domestic gas. “We had regard to the relatively small size of the Ironbark project. We also considered the alternatives available to Origin to either sell

Santos and Shell JV wins Queensland gas acreage 

LEADING Australian gas producers Santos and Shell have been appointed as preferred tenderer to explore new acreage in Queensland’s key gas-producing Surat and Bowen Basins in a 50-50 joint venture. Santos is the designated operator in this exploration acreage. The PLR201718-2-5 licence covers approximately 400 sq. Km, located 19 km east of the town of Surat, and was released by the Queensland Government exclusively to boost domestic gas supply on

Australia to benefit from growing global gas demand

FORECASTS by the International Energy Agency (IEA) confirm that the global demand for natural gas will surge over the next 20 years, creating a phenomenal economic opportunity for Australia. APPEA Chief Executive Dr Malcolm Roberts said the IEA’s latest World Energy Outlook shows that a growing natural gas industry is an essential part of a cleaner energy future. “In the IEA’s New Policies scenario, demand for natural gas is expected

Jemena signs gas transportation agreement with Santos

LEADING energy-infrastructure company, Jemena, has signed a new gas transportation contract with Santos to ship around eight terajoules (TJs) of gas per day across the $800 million Northern Gas Pipeline (NGP). Gas transported as part of the agreement will be used to provide energy for local mining and mineral processing operations in the Mount Isa region. The new agreement means around 80 per cent of the NGP’s total available capacity

Woodmac report suggests that gas shortages loom in Australia

THE pace and scale of transformation in the east Australian gas market over the past five years has put gas – both its availability and its pricing – firmly on the country’s political agenda. Global natural resources consultancy Wood Mackenzie’s Australia East Coast Gas Market Outlook 2018-2032, suggests that the market has been severely disrupted by the Queensland LNG developments. “The Queensland LNG export projects have shattered the east coast’s ‘cheap

Decmil lands QGC Framewotk Agreement

DECMIL Group Limited has secured a new three-year Framework Agreement with QGC Pty Limited for works within the Surat Basin. The Framework Agreement will commence on 1 November 2018 and the scope includes the provision of construction activities, logistics and maintenance services across a number of QGC’s upstream projects within the Surat Basin. Decmil has been working with QGC in the Surat Basin for over seven years providing services that