Latest News

TotalEnergies Makes new Gas Condensate Discovery in Offshore Harald Field

30/10/2024 Posted by Dale

TotalEnergies has announced that the Harald East Middle Jurassic nearby exploration well (HEMJ-1X) has discovered additional gas condensate resources in the Harald field, in the Danish North Sea.

Located in shallow waters, 25km off the west coast of Denmark, the HEMJ-1X well was drilled in the Eastern part of Harald field and encountered 48meters of net gas condensate pay in a good quality reservoir.

The HEMJ-1X well will be immediately connected to the Harald platform and is expected to start producing before the end of the year through the existing Harald and Tyra facilities.

"The success of the Harald East Middle Jurassic well, nearby our Harald facilities in Denmark, demonstrates the strength of our Exploration strategy.

Gas Industry Congratulates David Crisafulli

28/10/2024 Posted by Dale

Queensland’s oil and gas industry congratulates Premier David Crisafulli and looks forward to working with the incoming LNP Government on the sector’s strategic plan for economic and energy security.

The gas sector is a major contributor to the Queensland economy, delivering around $1.4 billion in government revenue each year and supporting 67,600 Queensland jobs. In 2023-24, the industry spent $3.9 billion with 3,477 Queensland businesses, predominantly in regional parts of the state.

Australian Energy Producers today committed to work with the new Premier and his government to realise the full potential of the state’s gas sector.

The industry’s strategic plan Queensland natural gas: A plan for economic and energy securityunderscored the importance of natural gas to the state’s economic prosperity, energy security and net zero emissions future.

Unlocking the Potential of Carbon Capture

27/10/2024 Posted by Dale

EnergyQuest has released released a detailed, independent review of Australia’s carbon capture, utilisation and storage industry.The report, Unlocking the Potential of Carbon Capture, examines why CCUS is necessary, the key factors for successful project execution, and the current status and outlook of CCUS (including CCS) projects for Australia."Australia is falling behind and could lose a golden opportunity in carbon captureAustralia is already home to two world class carbon capture and storage (CCS) projects - one at the Chevron operated Gorgon project, WA, and the other operated by Santos at Moomba, SA," said Rick Wilkinson, EnerygyQuest CEO.

The report highlights CCUS as a critically important part of achieving the 2050 net-zero greenhouse gas emissions target.

Shearwater Awarded Second Angolan OBN Survey by TotalEnergies

26/10/2024 Posted by Dale

Shearwater Geoservices Holding AS (“Shearwater”) has secured its second award from TotalEnergies for an Angolan OBN project. This follows the recent award of a project at block B32 on October 9, 2024.

The three-month deepwater OBN survey at B20/11 covering the Golfinho and Cameia fields, will utilise the Shearwater OBN platform comprising of the Pearl node and the company’s fit for purpose dual ROV-equipped SW Tasman. The SW Gallien will be acting as source vessel and the project will be in direct continuation of the previously announced project.

Shearwater CEO Irene Waage Basili commented,

“These consecutive projects underline the strength of our long-term strategy and adds to the already impressive utilisation of the Shearwater OBN platform.

South Australia Keeps Buzzing With a Hive of Activities

26/10/2024 Posted by Dale

MONTHLY MEETINGS

In late September, PESA SA/NT was treated to an enthralling discussion from Glenn Toogood (entX) and Tim Rady (Geomorph Energy) discussing the salt cavern storage potential of the Polda Basin. This basin is a Neoproterozoic to Jurassic sedimentary basin, extending from the Great Australian Bight to the central Eyre Peninsula, South Australia. It has previously been explored for petroleum, uranium, coal, groundwater, base metals, potash and diamonds.

Beach Delivers First gas from Thylacine West

25/10/2024 Posted by Dale

Beach Energy Ltd (ASX: BPT, Beach) is pleased to announce first gas from the Thylacine West 1 and 2 development wells following successful connection to the Otway Gas Plant.The Thylacine West development wells are located approximately 70 kilometres south of Port Campbell at a water depth of approximately 100 metres. The field is connected to the Thylacine subsea network via a 4.2 kilometre 8” flowline.

Commenting on first gas, Managing Director and CEO Brett Woods said: “First gas from Thylacine West marks completion of the largest ever offshore drilling and development program in the Otway Basin, a major achievement for Beach.

Viridien and SLB complete the data acquisition for a multi-client survey in Bonaparte Basin, offshore Australia

25/10/2024 Posted by Dale

Viridien and SLB have recently completed the acquisition of a new multi-client survey in the Bonaparte Basin, off the NW coast of Australia, that has received industry support and prefunding. The resulting 6,760 sq km ultramodern PSDM seismic data set will provide a thorough evaluation of this highly prospective and underexplored area to improve industry understanding. The data is currently being processed and the final data will be available in Q2 2025.

The complex geological area has been historically challenging to image due to the presence of carbonates and the shallow water.

Kinetiko Slumps on ‘Unexpected’ Drill Result in South Africa

24/10/2024 Posted by Dale

'Kinetiko Energy Ltd (ASX: KKO) has seen its share price plunge 28% after the first of a five-well drilling program failed to find commercial gas quantities.

The Perth-based explorer is developing an energy solution for South Africa focused on commercialising its 100% owned advanced shallow conventional gas projects in the Mpumalanga Province. At press time KKO as priced at 6.8c.

Drilling at well 271-23PT commenced on Friday, 27 September and was completed ahead of schedule on 16 October 2025.

Oil and Gas Operation Unearths Massive Lithium Discovery in the USA

24/10/2024 Posted by Dale

Using a combination of water testing and machine learning, a U.S. Geological Survey-led study estimated between 5 and 19 million tons of lithium reserves are located beneath southwestern Arkansas, in the USA. If commercially recoverable, the amount of lithium present would meet projected 2030 world demand for lithium in car batteries nine times over.

The study’s novel methodology, carried out collaboratively by the USGS and the Arkansas Department of Energy and Environment’s Office of the State Geologist, made it possible to quantify the amount of lithium present in brines located in a geological unit known as the Smackover Formation.

‘Hydrogen Aviation Has to be done Properly, or Not at All’

24/10/2024 Posted by Dale

By Dr James Jeffs,Principal Technology Analyst at IDTechEx

IDTechEx’s report, “Sustainable Future Aviation 2025-2045: Trends, Technologies, Forecasts”, finds that hydrogen is likely to be a main contender for decarbonizing the aviation industry. The report finds that the hydrogen commercial airliner market will exceed US$20 billion in 2045. However, the technology used on the planes and the source of the hydrogen needs to be considered carefully before the industry can celebrate significant carbon reductions. If done incorrectly, hydrogen planes could be worse for the environment than existing jet fuel-powered planes.

There are three key issues and choices that...