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Drilling & Production

Industry welcomes new Queensland gas acreage and supply

AUSTRALIA’S oil and gas sector has welcomed the Queensland Government’s announcement to open 6700 square kilometres of land in central Queensland for gas exploration across five regional areas. The State’s Resources Minister Dr Anthony Lynham announced 12 prospective parcels of

Santos gives green light for Van Gogh Infill Phase 2

SANTOS has announced a positive Final Investment Decision for the Van Gogh Infill Development Phase Two Project, which will maximise field production, access additional reserves and lower unit production costs. The project will involve the drilling and completing of three

Equinor backs out of Bight drilling programme

Norwegian energy giant Equinor has informed Australian authorities of its decision to discontinue its controversial exploration drilling plan (Stromlo-1) in the Ceduna sub-basin, offshore South Australia. The company announced that following a holistic review of its exploration portfolio, it has

Senex’s Surat Basin gas production reaches 20 TJ/day

SENEX Energy Ltd reports that it is successfully delivering its Surat Basin natural gas development programme on schedule and on budget, with production outperformance at both Roma North and Atlas. Key points: Roma North gas production outperformance; rates exceeding 13.5

Record breaking production year for Santos

Santos managing director and CEO Kevin Gallagher reports that the company has delivered record annual production and revenues in 2019, and lower unit production costs, demonstrating the effectiveness of its disciplined, cash generative operating model. “The year was highlighted by