PESA Gazette

Melbana Energy talks Amistad-1 success to sell-out crowd

10/09/2024 Posted by Dale

Melbana Energy’s Duncan Lockhart presented to an enthusiastic crowd of energygeoscientists (and prospective Melbana Energy shareholders) at the PESA (Qld) Branch’sMay 2024 technical luncheon and Annual General Meeting.

Duncan presented the results of Melbana Energy’s Amistad-1 discovery well, whichrecovered oil from three separate reservoirs and flowed >1900bopd from Unit 1B in 2023.Duncan also walked the luncheon attendees through the company’s next planned steps inCuba, including plans for a 400km 2 3D seismic survey and potential paths to market for therecovered resource.

Word of the substantial interest in Melbana Energy’s talk spread quickly, with Duncan quicklybeing approached by enthusiastic members of the PESA NSW Branch to take hispresentation on the road.

Ford Goes back to the Fossil Fuel Future Putting Dorado in the Spotlight

10/09/2024 Posted by Dale

Ford’s announcement in August that it would be shifting its focus from all electric vehicles to hybrid models has changed the gears of the world’s energy dynamics with other carmakers hinting at the possibility of adopting similar strategies.

“As the global leader in pickup trucks, we are future proofing this valuable franchise across all sizes with hybrid, electric and other electric propulsion giving individual customers and businesses choice based on how they used their trucks,” explained Ford President and CEO Jim Farley.

In the process, Ford will reduce its annual capital expenditure on electric technology from 40% to 30% with hybrid vehicles delaying the carmaker’s next generation electric F-150 by 18 months to 2027, when the first all-electric Ford Ranger is set to be launched.

Queensland’s Kat Gioseffi receives PESA Meritorious Service Award

10/09/2024 Posted by Dale

PESA (Qld) Branch committee member and Santos Geologist, Katherine (Kat) Gioseffi, was the successful recipient of a PESA Meritorious Service Award (MSA) for 2024 in recognition of her unwavering passion for energy geoscience and her dedication to increasing society participation among early-career graduates.

Kat, who received her MSA at the Australian Energy Producers Conference and Exhibition in Perth in May, was nominated by the PESA (Qld) Branch in recognition of her steadfast pursuit of recruiting and retaining students and young career professionals to the upstream resources industry.

Kat commenced her support of PESA in 2014 as a student member, during which time she was the QUT recipient of the John Draper Award in recognition of her high academic achievement in the fields of sedimentology and stratigraphy.

Public EV Charge Point Installations over Six Times Behind Levels Required by 2030 to Meet Growing Demand and Government Regulations

10/09/2024 Posted by Dale

This is according to Konect, an innovator in electric vehicle charging, which offers fuel retailers a "rapidly deployable solution" to help plug gaps and offer “convenient” charging locations.

Konnect said key markets in the electric vehicle (EV) transition were falling behind in their stated goals for public charging infrastructure, according to the latest figures from World EV Day™.

The data reveals that the US, Europe and the UK are more than six times behind the number of plugs needed to meet growing EV demand by 2030.

Tamboran Spuds Shenandoah South 2-H Well – the Largest Single Drilling Campaign in the Beetaloo

03/09/2024 Posted by Dale

Tamboran has spudded the Shenandoah South 2 (SS-2H) well in EP 98, which is being drilled off a new pad located approximately 3 miles north of the Shenandoah South 1H (SS-1H) well and within the Tamboran-operated SS Pilot Project area (47.5% working interest).

Tamboran said that following the drilling of the SS-2H well, the JV will immediately drill the Shenandoah South 3H (SS-3H) well off the same pad ahead of the stimulation program.

The SS-2H and SS-3H wells will be drilled with the Helmerich & Payne super-spec FlexRig® Flex 3 rig and will target the Middle Velkerri B Shale at a depth of approximately 3,020 metres.

Gas industry commits to boosting economy with Finocchiaro Government

29/08/2024 Posted by Dale

Northern Territory’s oil and gas industry looks forward to working with the incoming Finocchiaro Government on the sector’s strategic plan to power the economy.

After an election campaign in which both major parties supported gas development, Australian Energy Producers has committed to work with Chief Minister-elect Lia Finocchiaro to deliver the economic benefits of the industry’s five-point strategic plan, Powering the Territory.

Australian Energy Producers’ NT Director David Slama said: “The oil and gas industry congratulates Lia Finocchiaro on her election victory and looks forward to working with her government.

“A new term of parliament offers the...

DUG officially launches elastic MP-FWI imaging solution

29/08/2024 Posted by Dale

DUG Technology (DUG) has officially launched its latest seismic data processing, imaging and interpretation solution — DUG Elastic Multi-parameter Full Waveform Inversion (MP-FWI) Imaging. The announcement was made at The International Meeting for Applied Geoscience and Energy (IMAGE ‘24) in Houston, Texas, where DUG will be showcasing results from all of its latest geoscience technology.

DUG’s new elastic solution builds on its already successful acoustic MP- FWI imaging technology, which has now been applied to over 40 projects across the globe, delivering real-world impact to clients.

DUG Elastic MP-FWI Imaging utilises superior physics to remove the assumptions and approximations of both traditional processing and imaging, and traditional quantitative interpretation workflows.

Denison Gas Granted Two New Exploration Permits in Southern Bowen Basin

29/08/2024 Posted by Dale

Denison Gas has been granted two new exploration permits in Queensland’s southern Bowen Basin, giving Denison greater exposure to Australia’s east coast gas market.

The new permits follow the appointment of Denison as preferred developer for three new exploration areas by the Queensland Government in June this year.

Denison now has satisfied all pre-conditions for the formal granting of permits for two of the three exploration areas, resulting in the permits for Authority to Prospect (ATP) 2073 and ATP 2075 on 16 June 2024.

Notably, the location of both the new areas enables seamless integration into Denison’s existing operational activities.

Perth’s Pivotree Unveils Subsea Production Tree Designed to Unlock Stranded and Marginal Oil and Gas Field Profits

28/08/2024 Posted by Dale

Oil and gas technology company Pivotree has built and tested a full-scale prototype of its groundbreaking integrated subsea production tree and vessel mooring system.

Inventor and Pivotree Managing Director Chris Merrick said the Pivotree TM technology has the potential to revolutionise offshore energy development, making previously marginal and stranded oil and gas fields both profitable and sustainable.

Designed and built in Perth, Western Australia, the 44-tonne full-scale prototype combines traditional subsea tree technology with several new elements that allow it to swivel, providing 360-degree mooring capability for offtake vessels.

“In combination, the Pivotree and FPSO represent a fully functional and self-sustaining field development concept that requires no additional infrastructure such as spread moorings, platforms, flowlines, pipelines and manifolds,” Mr Merrick said.

Santos’ Wilga Park is now Powering Thousands of NSW Homes with First State Gas

28/08/2024 Posted by Dale

Santos’ Wilga Park Power Station is now producing enough electricity to power 32,000 homes in New South Wales and it’s all being done using locally-sourced natural gas.

Santos is pumping around 4TJ/day of natural gas to Wilga Park, where it’s converted to electricity for the state’s power grid.

Santos Managing Director and Chief Executive Officer Kevin Gallagher said 4 TJ/day is just the start of the region’s energy generating potential.

“The gas is coming from our appraisal wells near Narrabri, which were drilled to help determine how much natural gas is right under our feet, here in NSW,” Mr Gallagher said.