Basin Review Cooper Basin

Senex commits $50 million to Western Surat Gas Project

Senex Energy has sanctioned its first major investment in the Western Surat Gas Project, committing $50 million to a 30 well drilling campaign, with gas production of around 10 TJ/d expected by mid-2018.

APA Group has secured 100 per cent ownership of the Diamantina Power Station project after purchasing AGL’s half of the project for $151 million.

Santos and its JV partners have received approval from the Federal Government to drill 6,100 new CSG wells in Queensland.

Senex Energy has demonstrated a strong fiscal position amid tough industry conditions, thanks to a $42 million cash injection in December 2015 on the back of sales to GLNG.

Cooper Basin firms hit hardest by oil slump

Cooper Basin oil and gas companies have allegedly lost an average of 70 per cent market share during the global oil price rout, an analysis from EnergyQuest states.

Capacity increase at Strike Energy's Klebb wells

Water production rates at Strike Energy’s unconventional gas wells Klebb-2 and Klebb-3 wells have been significantly ramped up, according to a statement made by the company.

Beach Energy’s Cooper Basin and Egyptian interests are expected to incur about $A449 million worth of non-cash asset impairment charges in the company’s 2014–15 full year accounts.

Beach Energy has outlined an ambitious strategy to become an ASX top 50 company through a combination of efficiency and CAPEX tightening measures and potential acquisitions.

The Australian Pipelines and Gas Association has welcomed the federal government’s funding announcement for further gas research, citing a need to increase state-wide supply of the resource.

Commercialising Arrow's mammoth CSG reserves

In late 2015, production challenges led to Arrow Energy’s decision to delay its upstream Bowen Basin development. Now, all eyes are on what the company will do with its massive...

QGC’s Charlie: A vote of confidence in Queensland

QGC’s AU$1.7 billion Charlie development in the Surat Basin represents a significant new investment for Queensland’s gas industry, following the successful start-up of the state’s three LNG production facilities in...

Becoming bi-directional: SWQP reconfiguration

Gas Today takes an in-depth look at APA Group’s construction approach to the Easternhaul Project, which involves the reconfiguration of the South West Queensland Pipeline to provide bi-directional flow and...

All eyes on the Cooper

Since first gas was discovered in the Cooper Basin in 1963, the area has become the most prolific onshore oil- and gas-producing basin in Australia.

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