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    Queensland Opens More Areas for Exploration

Summary

These areas are located in Bowen, Surat, Adavale, Galilee and Millungera basins.

by: Shardul Sharma

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Queensland Opens More Areas for Exploration

The Queensland government November 7 released 10 new areas across a total of 33,177 km2 via competitive tender for petroleum and gas exploration. These areas are located in Queensland’s Bowen, Surat, Adavale, Galilee and Millungera basins.

Four of the areas, totalling 10,818 km2, will be subject to an Australian market supply condition under the Petroleum and Gas (Production and Safety) Act 2004, ensuring gas produced from these areas is supplied exclusively to the domestic market, the government said in a statement.

“This tender continues the Queensland government’s strong actions to drive the production of more gas to feed both our domestic gas market and CSG-LNG exports,” the government said.

Last month, Queensland awarded new gas exploration acreage to six companies. Comet Ridge, Denison Gas, Galilee Energy, Westside, Santos GLNG and a joint venture comprising Real Energy and Strata X have won the right to explore a total of 3,450 km2 of acreage.