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Industry

Australia’s Energy Commodity Resources 2025 published by Geoscience Australia

10/11/2025 Posted by Rachel

Geoscience Australia’s latest edition of Australia’s Energy Commodity Resources (AECR) publication reinforces Australia’s position as a as a key global energy exporter and leader in emerging low carbon solutions. 

Delivering a comprehensive assessment of the nation's emerging low-carbon technologies and non-renewable energy commodity resources, the 2025 edition shows the status of Australia’s energy resources as at the end of 2023 set against a backdrop of accelerating global decarbonisation, technological innovation, and shifting patterns of energy demand and trade.

For decades, Australia’s non-renewable resources have supported not only its own prosperity but also the economies of nations around the world.

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Tagged: GA, PESA

Vp/Vs ratio conventional vs Web-AVO inversion

eFWI Using WEB-AVO at Delft Inversion

07/08/2025 Posted by Janny

By John Coffin

This year we have seen plenty of publicity and interest in elastic full waveform inversion, or eFWI and the potential benefits and advantages it can provide. At Delft Inversion we have been using eFWI for over 12 years focussing on quantitative interpretation and seismic reservoir characterisation. This article explains how and why we do this.

The eFWI technology developed at Delft Inversion is called WEB-AVO which stands for Wave Equation Based AVO inversion. So, what does this mean? We solve the integral representation of the wave equation.

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Tagged: AVO, AVO inversion, Bowen inversion, complex seismic wavefield, eFWI, elastic full waveform inversion, Mungaroo, Mungaroo inversion, NWS inversion, seismic inversion, Surat-Bown Basin, WEB-AVO inversion

Core Storage is at Capacity at the Exploration Data Centre in Zillmere, your Support is Needed!

12/06/2025 Posted by Janny

The Exploration Data Centre (EDC) in Zillmere, QLD is a cornerstone of Queensland's geoscientific infrastructure, preserving and providing access to an extensive collection of geological core samples and drill cuttings. These samples are fundamental to research, mineral and energy exploration, and long-term resource planning for the state. However, the facility is currently at or near full capacity, significantly limiting the ability to archive new sedimentary cores from exploration, appraisal and development programs.

At the Australian Energy Producers (AEP) Conference held in Brisbane from May 26–29, 2025, significant discussions centred on Queensland's oil and gas investment outlook.

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Tagged: Energy Geoscience, PESA, petroleum cores, Queensland CSG, Queensland gas, Queensland oil and gas, Queensland rocks, Zillmere core store

Natural Hydrogen in Western Australia

09/03/2025 Posted by Helen

Leon Normore, Geological Survey of Western Australia

Abstract

The nascent field of natural hydrogen investigations is expanding rapidly worldwide. Recent studies in Australia have documented hydrogen in natural gas samples in both sedimentary basins and cratonic settings, and discussed multiple abiogenic sources for natural Hydrogen (Boreham et al., 2021a,b).

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Oil in Permian Basin

US Power Prices ‘Set to Surge’ saysWoodMac

28/02/2025 Posted by Dale

LOBE NEWSWIRE) -- US power demand has remained essentially flat for the past decade, but this is all about to change as a pending surge in demand growth will be the biggest challenge for utility companies in decades, according to the latest Horizons report from Wood Mackenzie.

According to the report, “Gridlock: the demand dilemma facing the US power industry” US electricity demand growth will be between 4% and 15% through 2029, depending on the region, with burgeoning data-centre development, a resurgence in energy-intensive US manufacturing, and greater transport and heating electrification driving electricity demand growth not seen since the 1990s.

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Barossa on-track

29/01/2025 Posted by Matthew.Quinn

Santos announced in it’s fourth quarter report, that the Barossa project is 88.3% complete and still on track for first production in 2025. The second and third wells of the six-well program have been completed with good results, both the fourth and fifth wells have been spudded.

The project consists of up to eight subsea wells and a subsea production system bringing gas and condensate to an FPSO. Water, gas and condensate will be separated at the FPSO with gas transported via an approximately 300km pipeline to Darwin. Condensate is to be transferred from the FPSO to tankers for sale.

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PESA ETSIG CSIRO CCS Knowledge Transfer Series

PESA / CSIRO CCS Knowledge Transfer Series wraps up

06/01/2025 Posted by Helen

Peter Hoiles – PESA Webinar Coordinator

In early 2023, CSIRO and PESA’s Energy Transition Special Interest Group (ETSIG) joined forces to design a carbon capture and storage (CCS) knowledge transfer series.  The aim of the series was to highlight to the PESA audience what is different about CCS compared to what we know about and understand from oil and gas operations.  The series commenced in September 2023 and concluded in September 2024, with a total of twelve webinars presented. 

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scholarship

PESA women eligible for Leadership Scholarships

07/10/2024 Posted by Dale

Partial scholarships are up for grabsfor women in the Energy and Utilities Industry ranging from $1,000 to $6,000per person, for one of four leadership and workplace skill development programs.  

These scholarships are aimed at encouraging more women to increase their impact at work, progress their career, and step into leadership roles. 

Registrations of interest close on Friday 29 November 2024. Via our website: https://www.wla.edu.au/industry/energy/

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Saudi Aramco

OPEC is Betting Big on Oil to hit 120 MMBBL to 2050 and Beyond

05/10/2024 Posted by Dale

For OPEC, it is a great honour to launch the World Oil Outlook (WOO) 2024 in Brazil. The country’s comprehensive and inclusive approach to energy issues has been on display through its G20 presidency in 2024, and will no doubt be central to its hosting of COP30 in 2025. This stance is fully in line with OPEC’s development of its WOO, as well as the Charter of Cooperation between OPEC and participating non-OPEC countries, a voluntary framework for dialogue and a platform for multilateralism.

This year’s WOO provides governments, policymakers and people around the world with realistic and sustainable future energy pathways.

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NFE’s FLNG1 Delivers First Cargo to Europe

05/10/2024 Posted by Dale

New Fortress Energy,s’s first Fast LNG (FLNG) asset, FLNG 1 – comprising three repurposed jack-up rigs off the coast of Altamira – has had its first full LNG cargo fully loaded onto the Energos Princess, which setsail for Europe. This comes less than two months after completing the first cargo load and sail operation.

“This is a significant milestone for our Fast LNG installation.

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PESA MAGAZINE – LATEST EDITION

PESA News Issue 173

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POPULAR POSTS

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

TOPICS

AEP Annual General Meeting Archer AVO AVO inversion Barry Goldstein Award Bowen inversion Branch News Bruce Ainsworth climate change complex seismic wavefield core workshop Dorado Early Triassic eFWI elastic full waveform inversion Energy Geoscience GA Golf Henry Posamentier Industry News Middle Triassic Mungaroo inversion NWS inversion PESA petroleum cores Qld Queensland CSG Queensland gas SA/NT Scholarships seismic inversion sequence boundary Social Surat-Bown Basin systems tracts WA wave influenced deltas WEB-AVO inversion women in energy women leadership women leadership scholarships womens career development women scholarships Zillmere core store

PESA - Energy Geoscience

PESA Energy Geoscience is a non-profit association of individuals involved in the exploration of oil and gas.

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