Despite the accelerating energy transition, oil and gas will remain central to the global energy mix for the foreseeable future as the key hydrocarbon sources continue to satisfy global primary energy demand, which is projected to exceed 650 exajoules (EJ) in the coming years. Rystad Energy estimates that by 2030, more than 75% of total demand will be met by fossil fuels, with emissions climbing as a result. A significant portion of these emissions will originate from upstream activities,...
PESA Gazette
SA/NT Serves up a Smorgasbord of ‘Highly Recommended’ Lunches with lots to Chew Over
Under the brilliant leadership of the PESA SA/NT Branch Vice President, Paul Strong, 2024 has seen the regular monthly lunchtime meetings continue with a smorgasbord of topics which are highly recommended for other branches and webinars.
July 2024 – Markus Häring,who recently returned to Adelaide to retire, spoke on Exploration for radioactive waste repositories near urban areas. Safe long term storage of nuclear waste is required even in countries without nuclear power plants....
Viridien Commences Next-Generation Sparse OBN Project in the Gulf of Mexico
Viridien has announced the start of the Laconia 3D OBN multi-client seismic program in the US Gulf of Mexico.
Covering 330 OCS blocks in the Garden Banks and Keathley Canyon protraction areas, the project is supported by industry funding. Acquisition started in July 2024 with the delivery of initial products scheduled for Q2 2025.
To improve the resulting images and subsurface information, Viridien said this survey will record extra-long-offset full-azimuth OBN data and utilize the...
Melbana Energy talks Amistad-1 success to sell-out crowd
Melbana Energy’s Duncan Lockhart presented to an enthusiastic crowd of energy
geoscientists (and prospective Melbana Energy shareholders) at the PESA (Qld) Branch’s
May 2024 technical luncheon and Annual General Meeting.
Duncan presented the results of Melbana Energy’s Amistad-1 discovery well, which
recovered 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 in
Cuba,...
Ford Goes back to the Fossil Fuel Future Putting Dorado in the Spotlight
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...
Queensland’s Kat Gioseffi receives PESA Meritorious Service Award
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...
Public EV Charge Point Installations over Six Times Behind Levels Required by 2030 to Meet Growing Demand and Government Regulations
- The US currently has just 15% of public charging points needed; the UK 22% and mainland Europe 18%.
- At current installation rates, key EV markets won't have the infrastructure in place to facilitate the projected EV transition.
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)...
Tamboran Spuds Shenandoah South 2-H Well – the Largest Single Drilling Campaign in the Beetaloo
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...
Gas industry commits to boosting economy with Finocchiaro Government
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...
DUG officially launches elastic MP-FWI imaging solution
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...