The Queensland branch technical meeting for May was a presentation from Brendon Mitchell, Chief Geophysisct and Managing Director of Oceania Geo. PESA Queensland were pleased to welcome members of the Queensland ASEG branch to the event to hear about the challenges of seismic acquisition in New Zealand, during covid.
Brendon has significant experience working across New Zealand and Australia, with a focus on onshore data acquisition for unconventional and tight gas exploration and development.
● Three-well drilling program approved for East Coast Supply Project in Otway Basin
● Exploration wells target Elanora, Isabella, and Juliet prospects with high gas discovery success rates
● Project phases include drilling, subsea development, and Athena Gas Plant modification
In March 2025, Amplitude Energy and joint venture partner O.G. Energy have approved a three-well drilling program in the offshore Otway Basin, Australia, for the East Coast Supply Project (ECSP).
The Australian Energy Producers conference is only a few weeks away, so for those of you planning on attending we have prepared you a summary of papers written by PESA members that would be good to go and see presented.
Tues 27 May, session 3 - 2:02–2:20 pm
“Australia is still an attractive investment destination for exploration and development”
Joe Keith from S&P Global
Tues 27 May, session 5 - 2:02–2:20 pm
"Northern Territory gas development – How access to technology is unlocking resources"
Simon Molyneux from Molyneux Advisors
Tues 27 May, session 3 - 2:59 –3:17 pm
Wednesday, May 28, 2025
2:00 PM - 3:15 PM
Brisbane Convention & Exhibition Centre
Catch up on all the highlights of 2024 from across the Australian upstream industry in this session which is an annual conference staple.
2024 2024 Exploration year in reviewSue Slater (Consultant)2024 Development and Production ReviewMartin Wilkes (RISC Advisory)2024 Business Environment year in reviewAnne Forbes (Wood Mackenzie)
Ms Sue Slater
QLD Branch Vice President
PESA Energy Geoscience
2:02 PM - 2:26 PM
Abstract
Petroleum exploration expenditure increased both offshore and onshore compared to 2023 numbers, however this does not equate to a commensurate increase in activity.
The Geological Survey of Western Australia (GSWA) will be soon releasing a report on seismic mapping of the southern Canning Basin authored by Y. Zhan and a plate showing seismic interpretation of the Perth Basin section of three new deep-crustal seismic lines which were acquired by GSWA in 2023-24 interpreted by C. Thomas.
The southeastern Canning Basin represents one of the least explored sedimentary regions in onshore Australia, largely due to its remoteness and challenging access conditions.
https://carbonloop.substack.com/?utm_campaign=pub&utm_medium=web
Hello and welcome to The Carbon Loop — a newsletter by the CCUSNA dedicated to highlighting the Australian carbon capture, utilisation and storage industry
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Global Dispatch: Financial Close, Policy Shifts, and CCS Momentum ..
Quite a bit of international news this month, so I’ve bundled the highlights into one segment:
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Chlorophyll Counts as CCUS Too ..
There’s some disagreement in CCUS circles (yes, we have dinner parties and yes, they’re totally awesome) about whether bio-feedstock-derived liquid fuels constitute true CCUS technologies.
PETROLEUM EXPLORATION SOCIETY OF AUSTRALIA LTD
I have great pleasure in inviting all Petroleum Exploration Society of Australia Limited (PESA) voting members to the 2025 Annual General Meeting (AGM) to be held on:
Date: Monday, 26 May 2025
Time: 1700 hrs AEST
Location: Rydges South Bank, 9 Glenelg Street, South Bank QLD(Note: To be held in the same room and directly after the PESA Deal Day)
Members can now access the Notice of Annual General Meeting and related documents via this link: https://pesa.com.au/agm-notice-2025/.
The Australian Labor Party's decisive victory in the 2025 federal election, securing a substantial majority, has significant implications for the sub surface energy industry. While the sector faces challenges due to regulatory uncertainties, environmental concerns, evolving climate policies, and financial support mechanisms, the election outcome also presents some opportunities for constructive engagement and policy reform.
While the outlook may not be so rosy for traditional Oil and Gas, the current political climate offers significant opportunities for subsurface activities that fall under their renewable energy banner, like Geothermal energy.
~1Tcf Pmean Recoverable Gas
East Coast Gas Shortage
Mapped and ready to be evaluated
Gas transmission infrastructure
