Santos Oil Search

Santos locks in LNG deal for Barossa

Santos has signed an agreement with Mitsubishi subsidiary Diamond Gas for the supply of liquified natural gas (LNG) from the Barossa project offshore the Northern Territory. The long-term supply and purchase agreement (SPA) is a contractual agreement for the supply and purchase of 1.5 million tonnes per annum of Santos equity LNG from Barossa for …
Beetaloo Basin, Empire Energy

Beetaloo project to headline national recovery

More than 220,000 jobs will be created over the next two decades, with the national economic output estimated to increase by more than $350 billion if key oil and gas projects currently in the pipeline – including the Northern Territory’s Beetaloo Basin – come to fruition, according to new Ernst & Young (E&Y) research. Most …

Jemena plans $5b investment in gas

Jemena has signed an agreement with Tamboran Resources to increase the capacity of its Northern gas pipeline (NGP) and extend it from the Northern Territory to Queensland. The memorandum of understanding (MOU) will see Jemena expedite plans to invest more than $5 billion in the NGP, while Tamboran, which holds 25 per cent of Santos’ …
Mid-West Geothermal Power project

Central nears Amadeus Basin farmout decision

Central Petroleum has advanced to the final phase of the farmout process to fund an Amadeus Basin exploration program in the Northern Territory. Following the farmout process being initiated in January, the company received sustained interest from local and international industry participants, in spite of the impact of COVID-19. Central has now chosen to advance …

Kyalla JV proceeds with operations

Falcon Oil & Gas has advised that operations continue following the hydraulic stimulation of the Kyalla 117 well in the Beetaloo Sub-Basin, Northern Territory. Following a short initial flow back of hydraulic fracture stimulation fluid to surface, the well was subsequently shut in and production tubing was installed and tested. Falcon outlined that flow back …

Origin enhances Australia Pacific LNG efficiency

Origin Energy has described 2020 as challenging, but despite external hurdles, the company’s operational performance continues to improve and drive growth. At the company’s annual general meeting, the company’s leaders highlighted that strong performance had delivered record production at Australia Pacific liquified natural gas (LNG), which combined with efficient improvements, contributed to record cash distributions …
Beetaloo Basin, Empire Energy

Beetaloo Basin key to COVID-19 recovery

Federal Minister for Energy and Emissions Reduction Angus Taylor has backed the potential of the Beetaloo Basin in the Northern Territory to drive the Australian Government’s gas-fired recovery plan following COVID-19. As part of the 2020-21 budget, Taylor said the Beetaloo Basin was the first of five key basins to be explored under the Morrison …

Empire unlocks liquids-rich gas at Carpentaria

Empire Energy has intersected liquids-rich gas across a thick and contiguous Velkerri Shale section in the Carpentaria-1 well in the Beetaloo Basin, Northern Territory. The Velkerri Shale was intersected from 833m measured depth to 1831m measured depth, which was at a shallower depth than pre-drill prognosis. Empire reported that the Velkerri Shale intersected in Caprentaria-1 …

Origin pushes Beetaloo well into production testing

Origin Energy, with joint venture partner Falcon Oil & Gas, has completed 11 stages of hydraulic stimulation of the horizontal Kyalla 117 well at the Beetaloo project in the Northern Territory. Falcon last week reported that the 11 stages along the 1579m horizontal section in the lower Kyalla formation had been completed, with the stimulation …