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PESA - Petroleum Exploration Society of Australia

Promoting Professional and Technical Excellence in Energy Geoscience – Networking, On-going Professional Education, Monthly Technical Meetings

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Field Trip: From a Carbonate Ramp to Siliciclastic Fluvio-Deltaics in a Tectonically Active Delamerian Cambrian rift. Seismic-Scale Depositional Systems in Outcrop Field Trip

21/11/2024 Posted by Dale

On a glorious spring weekend members and friends of the SA/NT Branch were able to participate in a self-drive field trip led by Rhodri Johns and Elinor Alexander.  This was a joint field trip with PESA SA/NT, GSA and the Field Geology Club of Adelaide.  It was an opportunity to investigate the Cambrian evolution of South Australia through spectacular seismic scale coastal exposures along the west coast of the Fleurieu peninsula.  

Although a two-day field trip participants had the option of participating in either or both days.

The global transition to clean energy is gaining momentum, heavily relying on renewable technologies such as solar PV cells and wind turbines, alongside energy transition solutions like hydrogen, energy storage, and carbon capture. This shift has triggered an unprecedented surge in demand for critical minerals, posing significant challenges in achieving international energy transition goals, says GlobalData, a leading data and analytics company.

GlobalData’s latest Strategic Intelligence report, Critical Minerals (2024), identifies several main challenges to scaling clean energy technologies: mineral depletion, resource monopolization, geopolitical tensions,…

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‘Attacks on Seismic Surveys Threaten Australia’s Future Energy Supply’

20/11/2024 Posted by Dale

Australia’s energy security will be put at risk if decision-makers ignore the science of seismic surveys – a safe and proven technology that is critical for finding and developing new gas supply.

Samantha McCulloch

That is the view of Australia Energy Producers (AEP) Chief Executive Samantha McCulloch, who said: “Seismic surveying is a strictly regulated technology that has unlocked Australia’s vast offshore gas resources and delivered reliable energy for millions of Australian homes and businesses for decades.”

DUG Technology (DUG) has announced a new partnership with PetroVision aimed at promoting and delivering specialised seismic data processing solutions in Nigeria.

DUG is a global technology company providing high-end geoscience services, advanced analytical software and reliable cloud-based high-performance computing (HPC). PetroVision is an integrated energy consultancy advising on geoscience, engineering and economic aspects in the upstream, midstream and downstream sectors whilst also embracing the energy transition with project work including carbon capture and storage (CCS) and field exploration geochemical sampling for critical minerals such as lithium. 

Geoscience Australia is contributing to global action on seabed mapping by signing a Memorandum of Understanding with The Nippon Foundation-GEBCO Seabed 2030;  in the process becoming the first Australian Government organisation to do so.

Dr James Johnson, Chief Executive Officer of Geoscience Australia, joined Jamie McMichael-Phillips, the Director of Seabed 2030 at Geoscience Australia’s Symonston headquarters for the signing.

“We are thrilled to formalise our partnership with Seabed 2030 and cement our place in the global effort to map the world’s seabed by 2030,” Dr Johnson…

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QCLNG Gladstone

Uncharted energy frontiers for the east coast gas markets

20/11/2024 Posted by Dale

The sixth and latest annual East Coast Gas Outlook 2024 from EnergyQuest, finds that the outlook for east coast gas is now entering ‘uncharted energy frontiers’.

The new 315-page report is the leading energy consultancy’s annual in-depth analysis of the long-term outlook for the east coast gas market.

Gas supply shortfalls are expected for the east coast and Northern Territory (NT) market as soon as 2026, and with increasing certainty and impact from 2028. That much is already well known. 

EnergyQuest’s new report finds that future gas supply issues are even more acute when the seasonal winter peaks of Victoria…

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Viridian Expands its Industrial Cloud to the US Market

20/11/2024 Posted by Dale

Viridien has announced the US launch of its industrial Viridien Cloud for AI and HPC production at SuperComputing 2024. This move expands on Viridien Cloud’s established success in Europe, by now offering tailored cloud solutions and end-to-end expertise to optimize compute-intensive production workloads for US industries. 

Building on decades of established HPC operations in the US that have supported its subsurface imaging business, Viridien is now introducing its innovative cloud solutions to meet the evolving and specific needs of key sectors, including AI, life sciences, engineering, digital media and energy. The…

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Are Electric Vehicles Really Disruptors in the Australian Petroleum Markets?

19/11/2024 Posted by Dale

By Max Williamson

Potential buyers and users of EV’s need to be extremely wary and questioning of the claims, counter claims and promo materials being put out by the vested interests.

If UBER is getting completely out of hybrids for its fleet, there must be economic support for EV’s versus hybrids for higher use operators and commercial fleets.

The…

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COP29: TotalEnergies to deploy continuous, real-time methane emissions detection equipment on all its operated upstream assets

19/11/2024 Posted by Dale

As part of its ambition to aim for near-zero methane emissions by 2030, TotalEnergies has announced it will monitor and reduce methane emissions with the deployment of continuous, real-time detection equipment at all of its operated Upstream sites.

Since 2022, TotalEnergies said it has been pursuing its ambition to aim for near-zero methane operated emissions in 2030: the Company will meet as soon as this year and target to reduce emissions by 50% compared to 2020, a year ahead of plan.

TotalEnergies said it…

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Shell Prelude

Shell wins appeal against 2021 ruling that ordered the supermajor to reduce carbon footprint by 45%.

19/11/2024 Posted by Dale

Shell has won an appeal against a 2021 ruling that ordered the supermajor to reduce its carbon footprint by 45%.

The appeals court, which was heard in The Hague, Netherlands, found that Shell did have a responsibility to cut emissions, but not by a stipulated amount.

The 2021 ruling had found that Shell should slash emissions by 45% by 2030, compared to 2019 levels.

The court said Shell was already on track to meet its own emission reduction targets…

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PESA MAGAZINE – LATEST EDITION

PESA News Issue 173

Previous Editions

POPULAR POSTS

  • Shell Discovery Map WA Shell makes ‘significant’ gas discovery offshore Australia
  • APPEA CEO Samantha McCulloch Meet Samantha McCulloch, APPEA’s new CEO
  • SA announces successful applicants for acreage in Cooper and Otway Basins
  • PESA WA Winter warmer at the Museum
  • USA oil exports exceeded imports 2019 How the USA became the world’s largest crude oil exporter in 2019
  • CUE Permits NWS Ironbark exploration well delivers a disappointing duster

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PESA members please use this group to help with "social license to operate" issues.

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PESA - Petroleum Exploration Society of Australia

The Petroleum Exploration Society of Australia is a non-profit association of individuals involved in the exploration of oil and gas.

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