Malaysian oil and gas independent Hibiscus Petroleum has secured an option to become a joint venture partner with 3D Oil to acquire up to a 50 per cent non-operated interest in the VIC/P74 permit in the offshore Gippsland Basin. Hibiscus announced this development to the market after 3D Oil was awarded the permit for VIC/P74 last week by the National Offshore Petroleum Titles Administrator (NOPTA). The 1006km2 permit is located on the southern side of the Gippsland Basin, adjacent to the world class Kingfish oilfield.
Dale
Path ‘now clear for NT onshore shale gas exploration’
Santos has welcomed the company’s approval for the first Environmental Management Plan (EMP) to be awarded for onshore shale gas exploration in the Northern Territory since the moratorium was lifted in early 2018. NT Environment and Natural Resources Minister Eva Lawler approved Santos’ Drilling EMP for the Tanumbirini 2H and Inacumba 1/1H wells in Exploration Permit 161 in the McArthur Basin, east of Daly Waters. Santos is operator of, and has a 75 per cent interest in, the permit.
APPEA lauds CSIRO report confirming emissions benefits from CSG-LNG life cycle
A landmark report by the CSIRO’s Gas Industry Social and Environmental Research Alliance (GISERA) confirms the greenhouse gas emissions benefits from increased use of natural gas in domestic and export markets. GISERA is a collaboration between CSIRO, Commonwealth and state governments and industry established to undertake publicly-reported independent research. The report Whole of Life Greenhouse Gas Emissions Assessment of a Coal Seam Gas to Liquefied Natural Gas Project analysed life cycle emissions, including extraction, transportation and usage of coal seam gas (CSG) in Queensland’s Surat Basin.
Colombia had highest oil and gas discoveries in Q2 2019
Colombia led globally with seven oil and gas discoveries in the second quarter of 2019, followed by India, Russia and Pakistan with three each, according to data and analytics company GlobalData. GlobalData’s reveals that of Colombia’s seven onshore discoveries, five were conventional oil and two were conventional gas. The two conventional gas discoveries were made in Lower Magdalena Valley basin and the three conventional oil discoveries were made in Putumayo basin, with the remaining in Llanos Orientales basin.
Total E&P Congo successfully deploys “world’s first” cementless completion
Welltec has announced a “world first” deployment of a truly cementless completion in the Republic of Congo during the second quarter of 2019. The company said that “building on the experience gained through the continuous deployment of the Welltec® Annular Barrier (WAB®) in the Moho North Albian field, Total E&P Congo has pushed the boundaries of Metal Expandable Annular Sealing technology even further by deploying the world’s first cementless completion using the Welltec® Annular Isolation (WAITM) in open hole.
Australian LNG exports soared 21% in 2018-19
EnergyQuest estimates that Australia exported a total of 75.1 million tonnes (Mt) of LNG in the 2018-19 fiscal year comprising 1,111 cargoes, which was 21.2% higher than the 61.7 Mt exported in the corresponding period a year earlier Total LNG export revenue in FY 2019 is estimated to be $50.5 billion. LNG is now Australia’s third largest export by value after iron ore and coal. Australia was the world’s second largest LNG exporter in FY 2019, just behind Qatar’s nameplate capacity of 77 Mtpa.
APPEA: Hydraulic fracturing plan a step in right direction
The release of the Western Australian Government’s implementation plan for WA’s hydraulic fracturing inquiry is a step in the right direction and will help provide confidence in the sector, APPEA said. The plan has outlined actions to implement the independent scientific inquiry’s recommendations and provides a pathway forward for developing some of WA’s onshore oil and gas resources. APPEA Chief Executive Andrew McConville said the plan highlighted there were robust regulations in place for onshore exploration and development in WA.
NOPSEMA invites public to comment on Scarborough Project proposal
NOPSEMA has opened public comments for Woodside’s proposed Scarborough Project development. The oil and gas independent, which has a 75% stake in the development, is proposing to develop the remote gas resource through new offshore facilities with all subsea and subsea infield infrastructure and wells located in Commonwealth waters, 375km off the Burrup Peninsula. The plan is for the 7.
Emerald Isle votes yes for continued offshore exploration
Ireland’s Offshore Operator’s Association has welcomed a government decision not to pass the Climate Emergency Bill that would have effectively banned oil and gas exploration offshore of the country. In a statement the IOOA said the Government of Ireland’s decision was an important step to ensure energy security, protect the environment and create jobs. The representative body said the decision not to pass the bill paved the way for finds similar to the Kinsale and Corrib gas fields, which currently supply 60% of gas to Irish homes and businesses.
Project Atlas milestone as pipeline construction starts
Senex Energy has welcomed the announcement by Jemena of the start of construction on the pipeline that will supply natural gas from Project Atlas to domestic customers. In June 2018 Senex partnered with major energy infrastructure provider Jemena to build, own and operate a 15 petajoule per annum (40 TJ/day) natural gas processing facility and 60 km buried pipeline to process and transport gas from Senex’s Project Atlas to the Wallumbilla Hub. Project Atlas, near Wandoan in south-west Queensland’s Surat Basin, is the first acreage in Australia designate solely to supply gas to the domestic market.