• Natural Gas News

    Oz Senex Kicks off Surat Basin Drilling Campaign

Summary

The drilling campaign comprises approximately 110 wells across Roma North and Project Atlas.

by: Shardul Sharma

Posted in:

Natural Gas & LNG News, Asia/Oceania, Security of Supply, Corporate, Exploration & Production, Investments, News By Country, Australia

Oz Senex Kicks off Surat Basin Drilling Campaign

Australia’s Senex Energy has started its integrated natural gas drilling campaign, which it said represents a major step towards full-scale production from its Surat Basin development projects.

The drilling campaign comprises approximately 110 wells across Roma North and Project Atlas that will deliver natural gas to the 16 terajoules/day (15mn ft3/day) processing facility at Roma North and the 40 TJ/day (38mn ft3/day) processing facility at Project Atlas, Senex said June 5.

Drilling began at Roma North and will continue to the end of Q1 FY20 when the rig will start drilling at Project Atlas. “This reflects an optimised drilling schedule to enable ramp-up of Project Atlas production ahead of gas sales and commissioning of the gas processing facility in late 2019, while minimising gas flaring,” it said.

New Project Atlas sales gas volumes will be delivered under recently signed contracts with domestic customers from January 2020. “This is an important milestone for Senex as we begin a major drilling campaign to reach our initial gas production target of around 18 PJ/year of gas from the Surat Basin by the end of FY21,” CEO Ian Davies said.

Since the start of this year, the company has signed gas sales contracts with Orora and CSR.

“The long-life and expandable nature of these projects and our material 2P reserves of natural gas mean we will be delivering gas to the east coast market for decades to come,” Davies said.