Walyering may contain up to 263 billion cubic feet of gas and 6.3 million barrels of associated condensate, according to Strike.
The acquisition represents the Read more
West Erregulla-2 complete
Strike Energy has successfully perforated the well across the Kingia zone, set the packer and run the 3.5 inch (89 mm) production tubing string into West Erregulla-2. The wellhead is now being installed and the Easternwell 106 rig has been released from the well. Strike Managing Director Stuart Nicholls said the release of the rig …
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Australia hits record oil and gas production
Australian petroleum and gas production both rose 16 per cent from the previous year to achieve record numbers, with petroleum hitting 1,010 MMboe and gas reaching 5,082 PJ. LNG production also rose 22 per cent to a record 75 million t, resulting in a 61 per cent rise in export revenue to $50 billion. EnergyQuest …
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Saudi Aramco looking at Australian gas ventures
According to Reuters, Saudi Aramco wants to increase its gas production from approximately 386 million m3 per day to 651 m3 per day through new conventional and unconventional gas exploration projects, and is eyeing off joint venture (JV) opportunities in a number of countries, including Australia. “There is a lot of potential to grow in …
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Federal Government encourages more gas exploration
Yesterday, the Australian Energy Market Operator (AEMO) released its 2019 Gas Statement of Opportunities and Victorian Gas Planning reports which found declining production in offshore gas fields could lead to supply shortages on the east coast of Australia by 2024. The reports concluded further investment in existing reserves or investment in new gas supplies was …
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Shell chairwoman critical of gas bans
In an address to the Melbourne Mining Club, Ms Yujnovich said politicians must facilitate continued investment in energy projects to benefit pricing and the economy. “We must remind governments and the public that economies that turn inwards miss out on the benefits that come with entry to huge world markets,” she said. “Artificial restrictions on …
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Canavan encourages oil exploration in Bight
The Australian reported that amid rising fuel prices Senator Canavan has taken aim at activists opposed to Bight exploration, saying Australia must develop these oil and gas resources in order to become self-sufficient. “You have a bunch of activists running around saying we shouldn’t explore in the Great Australian Bight,” he said. “If we let …
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Well drilling approved at Reid’s Dome Gas Project
Considered prospective for both conventional and CSG operations, the Reid’s Dome project is operated by State Gas and located approximately 50 km from the Queensland Gas Pipeline. State Gas now plans to drill the Nyanda-4 well in order to test for gas targets following research indicating the area may contain significant gas quantities due to …
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Senex backs two natural gas projects
Senex will develop Project Atlas and the Roma North project, both located in Queensland’s Surat Basin, over the next 18 months starting in the first quarter of 2019. The resulting investment will involve the construction of a combined 110 initial wells, two gas processing plants and associated pipeline facilities. Jemena will build, own and operate …
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Carnarvon finds what it was looking for
Carnarvon holds a 20 per cent stake in Dorado, alongside joint venture partner Quadrant Energy, which is operator of the development. A huge oil discovery in the Dorado-1 well, located within the Phoenix project on the northwest shelf of Western Australia, was recently announced, which Quadrant Group Executive Subsurface Fred Wehr called “staggering”. In a …
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