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Exploration: The Fading Frontier
- Publication Name: PESA News
- Authors: Rick Wilkinson
- Date Published: March 2024
Abstract:
Last Quarterly we wrote about Australia’s peak petroleum moment. The data for 2023 is in, and confirms that Australia’s petroleum production has peaked, and decreased by 18 million barrels of oil equivalent (MMboe) in 2023....
Seismic Snapshots – First Quarter 2024 – PESA News Issue 172
- Publication Name: PESA News
- Authors: Dale Granger (ed.)
- Date Published: March 2024
Abstract:
PESA News 172 Seismic Snapshots
- AEMO warns diesel powered electricity looms without new gas supply
- Harvester Energy awarded two North Sea blocks to progress patented small-field production system
- CGG Aims to Hi...
DUG announces global processing partnership with Wintershall Dea
- Publication Name: PESA News
- Authors: Dale Granger (ed.)
- Date Published: March 2024
Abstract:
DUG Technology (DUG) has announced a new partnership with European independent oil and gas company Wintershall Dea with the formation of a global “virtual seismic processing centre” that will utilise DUG’s seismic data processing and imaging ex...
The White Gold Rush and The Pursuit of Natural Hydrogen
- Publication Name: PESA News
- Authors: Dale Granger (ed.)
- Date Published: March 2024
Abstract:
The buzz around natural hydrogen – dubbed white or gold hydrogen – is gaining global momentum as a potential gamechanger in the hunt for cost-effective, low-carbon energy sources. Rystad Energy research shows that at the end of last year, 40 comp...
Vlaming Sub-basin CO2 Storage Project
- Publication Name: PESA News
- Authors: Dale Granger (ed.)
- Date Published: December 2023
Abstract:
As part of the Australian Government's National CO2 Infrastructure Plan (NCIP), Geoscience Australia undertook a comprehensive study in the offshore Vlaming Sub-basin to provide new pre-competitive data and information on potential CO2 storage soluti...
New Gas Supply Needed in all Net Zero Pathways: EY Report
- Publication Name: PESA News
- Authors: Dale Granger (ed.)
- Date Published: December 2023
Abstract:
Australia will still need substantial gas production 26 years from now to ensure reliable and affordable energy in 2050, even under a net zero scenario, according to The future role of natural gas in Australia and the region. EY was commissioned by A...
Sea-Quester Offshore Looks to South Perth Basin for Open-access Solution to CO2 Disposal
- Publication Name: PESA News
- Authors: Dale Granger (ed.)
- Date Published: December 2023
Abstract:
The Kwinana Industrial Area south of Perth in Western Australia is one of the largest heavy industry precincts in the country. It is home to petroleum and minerals refineries, power stations, chemical plants, cement works and a vast array of support ...
Aerospace Sector’s Growing Appetite for Steel Threatens Metal Supply for the Energy Industry
- Publication Name: PESA News
- Authors: Dale Granger (ed.)
- Date Published: December 2023
Abstract:
A vigorous recovery from the global aerospace industry has increased demand for nickel, a key aircraft component prized for its corrosion resistance, high strength and exceptional mechanical properties. This could inadvertently complicate or delay ne...
U.S. Scientists Work to Stave Off Desertification
- Publication Name: PESA News
- Authors: Linda Wang
- Date Published: December 2023
Abstract:
With climate change doomsdayers conjuring up futuristic images of scorched earth landscapes and scenes more reminiscent of Mad Max than any Garden of Eden utopia, geologists may wonder what their workplace will be like in the years to come. The good ...
New LNG production & Marine Bunkering Capability at Port Hedland Targets Pathway to IMO 2050 ‘zero-emissions’ Through Onboard Hydrogen Production
- Publication Name: PESA News
- Authors: Dale Granger (ed.)
- Date Published: December 2023
Abstract:
Pilbara Clean Fuels Pty Ltd is progressing a development concept for a new, mid-scale, low carbon footprint LNG plant to be located at Port Hedland in Western Australia, the world’s largest iron ore export port. The project will provide an Australi...
All Hands Needed at the Pump to Extinguish Climate Change Fires & Expedite Coveted Energy Transition Outcomes
- Publication Name: PESA News
- Authors: Dale Granger
- Date Published: December 2023
Abstract:
On the surface a seemingly faster spinning world is at an inflection point, but understanding the subsurface holds the key to a successful energy transition, which brings geoscientists of all persuasions, including petroleum, into play to confront a ...
Seismic Snapshot – Fourth Quarter 2023 – PESA News Issue 171
- Publication Name: PESA News
- Authors: Dale Granger (ed.)
- Date Published: December 2023
Abstract:
Seismic Snapshot - Fourth Quarter 2023
- Offshore Approval Chaos as Wait Times Blow out to 562 Days and Counting
- PGS and TGS Shareholders Approve Merger Plan
- World-first Hydrogen and Renewable Energy Bill 2023 Gets...
A Fresh Look at the South Australian Onshore Otway Basin (Insights from Dem’s Petroleum Systems Model Project)
- Publication Name: PESA News
- Authors: Dale Granger (ed.)
- Date Published: December 2023
Abstract:
The Otway Basin is one of the best known Mesozoic rift basins that span the southern coastline of Australia and has both on and offshore gas production and oil discoveries. 104 petroleum and 6 geothermal wells have drilled since the 1890s. In 1987 Ka...
Thermophysics and Multiphase Flow in CCS
- Publication Name: PESA/CSIRO CCS Knowledge Transfer Series
- Authors: Samuel Jackston (CSIRO)
- Date Published: October 2023
Abstract:
In the second talk of the CCS Knowledge Transfer Series, we will discuss the physics and thermodynamics of CO2 flow in relation to CCS. We will highlight key differences, in terms of phase behaviour, between CO2 and other fluids more typically encoun...
North Sea Oil & Gas Industry Booms With Increasing Production & Investments
- Publication Name: PESA News
- Authors: Dale Granger (ed.)
- Date Published: September 2023
Abstract:
Norway and the UK have overcome recent challenges and are on course to achieve significant milestones due to notable increases in investments, exploration success and production. Solid oil & gas production from the region is also providing indispensa...
Commonwealth Carbon Capture Exploration Release a ‘Boost to New Net Zero Industry’
- Publication Name: PESA News
- Authors: Dale Granger (ed.)
- Date Published: September 2023
Abstract:
The oil & gas sector lauded the Commonwealth for opening up new areas of Australia to explore for suitable carbon capture, utilisation and storage (CCUS) sites which APPEA said would help reduce emissions and create jobs in a growing sector. Australi...
Carnarvon’s Path to Paradise is Paved With Pavo Aspirations
- Publication Name: PESA News
- Authors: Dale Granger
- Date Published: September 2023
Abstract:
Carnarvon Energy has shifted focus back to its core business of exploration with the spotlight specifically on Pavo, the biggest oil discovery in Australia in 2022 which is located only 40km away from Dorado presenting superb tie-back potential to th...
The Juicy Geology That Has Pavo Pioneers Salivating
- Publication Name: PESA News
- Authors: Dale Granger (ed.)
- Date Published: September 2023
Abstract:
Roisin McGee, Geoscience Manager at Carnarvon Energy, has unpacked for PESA News the geological attractions that resulted in the prolific Pavo discovery. Like Dorado, the Pavo structure was created by the erosion of the early Triassic-aged Dorado Can...
South Australia Has Opened its Doors to Hydrogen Exploration
- Publication Name: PESA News
- Authors: Elinor Alexander - South Australian Department for Energy & Mining
- Date Published: September 2023
Abstract:
South Australia is currently the focus of company natural hydrogen exploration in Australia. Why the current interest?...
Seismic Snapshot – PESA News Issue 170
- Publication Name: PESA News
- Authors: Dale Granger (ed.)
- Date Published: September 2023
Abstract:
Seismic Snapshot
- Report Finds Growing Role for Natural Gas in Fuelling WA Economy
- Shearwater Announces Seismic on Steroids With NVIDIA GPU-Acceleration
- Tamboran Intersects 90-Metres High Quality Mid Velkerri B...
Jon Cocker Paddles In As Winner of the Barry Goldstein Medal
- Publication Name: PESA News
- Authors: Dale Granger (ed.)
- Date Published: September 2023
Abstract:
South Australia PESA member and Beach Energy Manager of Geophysics Jon Cocker has been named winner of the Barry Goldstein Medal for Innovation, Collaboration and Communication in Geoscience for outstanding creativity in the field of onshore seismic ...
2022 Exploration & Appraisal Year in Review
- Publication Name: PESA News
- Authors: Adam Craig
- Date Published: September 2023
Abstract:
Petroleum exploration activity in Australia decreased in 2022. The total number of exploration wells drilled and expenditure across Federal offshore and state jurisdictions decreased from 2021 levels. The number of exploration permits awarded and acr...
Oil Jumps to 10-Month High As Saudi Arabia Extends Voluntary Cuts
- Publication Name: PESA News
- Authors: Jorge Leon
- Date Published: September 2023
Abstract:
Saudi Arabia announced in early September that they will extend the 1 million bpd voluntary cuts in oil production until December 2023. This is a clear indication that oil prices trump volumes for the Kingdom....
Conventional Exploration Grows, but Discovered Volumes Remain Elusive
- Publication Name: PESA News
- Authors: Henrik Fiskadal
- Date Published: September 2023
Abstract:
Spending on conventional oil & gas exploration is rebounding and expected to top $50 billion this year, the highest since 2019, but operators are still waiting for the results they had hoped for. Rystad Energy research shows that despite the rising i...
Site Selection and Characterisation – What’s Different About CCS?
- Publication Name: PESA/CSIRO CCS Knowledge Transfer Series
- Authors: Tess Dance (CSIRO)
- Date Published: September 2023
Abstract:
The goal for carbon dioxide storage site selection and characterisation is to find a suitable location where an effective reservoir exists, matched to a CO2 source in both volume and injection rate. To ensure the CO2 is safely contained, the relative...
New metal isotope techniques to explore past depositional environments of the Centralian Superbasin, Australia
- Publication Name: Central Australian Basins Symposium IV
- Authors: Juraj Farkas, Alan Collins, Stefan Löhr, Charles Verdel, Morgan Blades, Chris Holmden, Susanne Schmid, Yuexiao Shao, Darwinaji Subarkah, Robert Klaebe, and Shaun Yardley
- Date Published: July 2023
Abstract:
The Centralian Superbasin (CSB) is a ~ 2 million km2 Neoproterozoic to early Palaeozoic (ca. 850−400 Ma) intracratonic depositional system, which stretches across four states (WA, NT, SA and QLD) and is of fundamental scientific and economic signif...
Amadeus Basin’s H2 Geo-Storage capacity
- Publication Name: Central Australian Basins Symposium IV
- Authors: C. Loyola, K. Amrouch, M. Bunch
- Date Published: July 2023
Abstract:
In recent years, there has been increased interest in Hydrogen’s production and use, not only for ammonia production but also as an energy carrier (IEA, 2017). It could be produced from carbon-abated fossil fuels, as well as renewable and clean ene...
Possible Late Mesoproterozoic or earliest Neoproterozoic glacial deposits, Beetaloo Sub-basin, Northern Territory
- Publication Name: Central Australian Basins Symposium IV
- Authors: John D. Gorter, Darren Ferdinando
- Date Published: July 2023
Abstract:
In the Beetaloo Sub-basin, the Kyalla Formation is unconformably overlain by a late Mesoproterozoic to early Neoproterozoic sandstone to mudstone succession comprising three formations/units: the lower Jamison sandstone, the upper Jamison sandstone, ...
Oodjuongari – A possible impact crater in the Beetaloo Sub-basin
- Publication Name: Central Australian Basins Symposium IV
- Authors: John D. Gorter, Brent Jackson, and Peter W. Haines
- Date Published: July 2023
Abstract:
The Oodjuongari Structure (-16.636, 134.205), seen on aeromagnetic data as a circular feature (Figures 2, 3a and 5), and traversed by four 2D seismic reflection profiles (Figures 6 and 7), is interpreted as a possible impact crater concealed by super...
Natural Hydrogen and Helium Gas Exploration in the Amadeus Basin
- Publication Name: Central Australian Basins Symposium IV
- Authors: Lance Holmes, Sandra Menpes, and Matt Densley
- Date Published: July 2023
Abstract:
As the world transitions to a low carbon future and global helium consumption grows, the Amadeus Basin is emerging as a prime location for high helium and natural hydrogen gas exploration. With a regionally extensive evaporite seal, and significant h...