Cooper Energy has announced that Sole-3, the first of two production wells for the Sole Gas Project located offshore Victoria, is being shut-in for future connection after successful performance of clean-up and flow back operations. Cooper, operator with a 100% interest in the Sole-3 well, located in VIC/L32, said the clean-up and flow back test was conducted on the near-horizontal 97 meter completed section of the Top Latrobe Group sandstone reservoir over a 26-hour period. Analysis of the test data has confirmed that well performance and reservoir deliverability are consistent with pre-drill expectations, Cooper said on Friday.
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PESA WA QLD June technical lunch
Queensland’s June technical lunch saw local stalwart David Lowry presenting his work on the structural restoration and maturity modelling of the Eromanga Basin. David’s long-lived career has seen him work as a field geologist for Geological Survey WA, as a well site geologist, and as an exploration geologist for WAPET, Lasmo, Sagasco and Origin Energy. He now consults from his home in the bush. The work he presented built on his previous APPEA paper (Lowry and Evans, 2011) focussed on new exploration concepts for the Eromanga Basin.
PESA WA hosts another successful field trip for 2018 to Swan Valley
Bright and early on a Sunday morning 20 intrepid PESA members met at the Boab tree in Kings park ready to embark on a tour of the Swan Valley, and an intellectual journey that allowed for the geography of our working lives to be mapped onto the geology, geography and scale of the city we live in. The morning began with an open air “powerpoint” presentation, by trip leaders Simon Lang and Neil Marshall.
TGS kindly donates stand-up paddle board to PESA WA Branch for an auction to support the student members
TGS are pleased to donate a 9-foot long stand-up paddle board (valued at $2000) to PESA WA Branch to raise funds to support our student members. TGS recognises that students are the future of our industry and their contribution provides an opportunity for someone in the PESA community to help support the students’ training efforts. For the first time in history, PESA WA Branch will be holding a silent auction for the stand-up paddle board and the winner will be announced towards the end of the Winter Warmer social event on the 20th of July.
APPEA calls out fake news on Australian wholesale gas prices
The latest international survey of wholesale gas prices confirms that Australian prices are amongst the lowest in the Asia region, according to the Association of Petroleum Production and Exploration Association (APPEA). This follows the International Gas Union’s Wholesale Gas Price Survey 2018 revealing that the average wholesale gas price in Australia last year ($US4.62/MMBTU[1]) was about 40 per cent less than the average wholesale price for the Asia‑Pacific region and around one-third less than the average wholesale price in Asia. Australia’s leading trade partners Japan, South Korea and China all paid average wholesale gas prices between $US7 and over $US8/MMBTU.
Future environmental leaders receive scholarships from Harry Butler Institute
Six future environmental custodians have earned a unique opportunity to protect the wilderness with their Honours studies at Murdoch University. Ebony Cowan, Kyle Stewart, Lauren Peck, Monique Stafford-Smith, Megan Evans and Nicholas Watson received scholarships from the Harry Butler Institute, a research partnership between Murdoch University and global energy producer Chevron, to ensure the co-existence of biodiversity with business and community at different locations in Western Australia.
Bass Oil negotiates extension terms for acquisition of Indonesian oil field
Bass Oil Limited says it has negotiated an extension of its settlement terms with Cooper Energy for the acquisition of its 55% interest in the Tangai-Sukananti KSO in South Sumatra. Under the agreed new payback terms, the timetable for a third payment of $500,000, due 30 September this year, has been deferred until 31 March next year. The fourth and final payment of $770,000, due to be paid by Bass to Cooper Energy by 31 December this year, has now been deferred until 30 June 2019.
Australian Gas Infrastructure Group awarded $170 million N.T. natural gas pipeline contract
Australian Gas Infrastructure Group (AGIG) has been awarded the contract to build a new $170 million Northern Territory gas pipeline for Newmont Mining Corporation. The contract is for AGIG to build, own and operate the new 440-kilometre pipeline which will transport natural gas to Newmont’s Tanami mine sites, about 540km north-west of Alice Springs, in the Northern Territory. The pipeline – to be called the Tanami Gas Pipeline – will connect to the existing Amadeus Gas Pipeline, about 180km north-west of Alice Springs, and link up with supply of gas to Newmont’s Tanami facilities.
Quantitative Seismic Stratigraphy Talk by 2017 Woodside – PESA WA PhD Scholarship Winner
We are already halfway through 2018 and PESA WA Branch is still doing very well for the technical lunch series, with special gratitude to our four sponsors: Spectrum (Platinum), CGG (Gold), Searcher Seismic (Gold) and DUG (Gold). The branch announcements by Helen Debenham, WA Branch President, included the upcoming July technical talk by Larry Tilbury from Woodside on Pluto 4D’s outstanding success on Thursday 19th July. This will then be followed by our annual Winter Warmer social event at Ku De Ta on Friday 20th July – Keep an eye out for this event!
PESA – ASEG WA Mentoring Program Kick-off Session
The PESA – ASEG WA Mentoring Program has seen a fantastic response from WA PESA and WA ASEG members. The mentoring program has successfully linked up 20 mentor-mentee pairs from diverse backgrounds, ages and professional experiences. In May, Simon Molyneux facilitated the Mentees and Mentors framing sessions. These sessions aimed to explain what a mentoring program is, what are the foundations of a mentoring program, to describe an ideal mentor-mentee relationship and to explain what mentors and mentees are expected to do.