Exclusives

Gas Production Efforts Stabilize Australia’s Energy Supply Crisis

Australia’s largest oil and gas group lauds efforts of industry and government in alleviating fears of an energy shortage—for now.

chevronwheatstone-noth-west-shelf-appea

Speaking at APPEA 2018 in Australia Nigel Hearne sought an unprecedented effort with majors Woodside and Shell to unlock stranded gas from the North West Shelf.

Inquiry finds that hydraulic fracturing could be safely managed in the Northern Territory.

The treaty signing in New York on March 6 marked the first conciliation under the U.N. Convention on the Law of the Sea—a process UN Secretary-General António Guterres said could offer other countries a path toward resolving contentious maritime boundary disputes.

Strike Energy, Jaws-1, Australia oil and gas, Halliburton, oil exploration drilling

Strike Energy is in the hunt for a gas prize estimated at up to 11 trillion cubic feet.

Completion

APPEA, Western Australia, Labor Party, Fracking, Ban, Australia

A ban on fracking by the Western Australia Labor Party would hold until it was shown that fracking doesn't compromise the environment, groundwater, public health or contribute adversely to climate change.

The largest problem facing hydraulic stimulation in Australia is Earth stresses—a rarely regarded problem.

Drilling

Chevron Corp. (NYSE: CVX) will proceed with the second stage of its giant Gorgon LNG export plant off the northwest coast of Western Australia, the company said on April 14.

The rig broke dirt after an issue free move to the horizontal lease.

Strike Energy Ltd. is set to spud what it believes will be the world’s deepest pure coal-seam well and the first of its kind not only in Australia, but also the southern hemisphere.

Australian Worldwide Exploration Ltd. said that preliminary analysis of wireline log and pressure data from the Waitsia-4 appraisal well has confirmed the eastern extension of the Waitsia gas field.

Gas supply has become a hot issue following blackouts and brownouts in Australia's eastern states over the past year, and as growth in LNG exports has led to soaring gas prices for manufacturers, Reuters reported.

Field Development

The contract covers the project management and engineering, transportation, installation and pre-commissioning of umbilicals and flying leads as well as manifolds.

Inpex had hoped to start producing gas from the long delayed $40 billion project in June, but the company’s new chief executive, Takayuki Ueda, told Reuters last week the company still had to address “various minor issues.”

The Comet Ridge – Vintage Deeps JV believes that this gas flow is the first measurable flow of natural gas from the Lake Galilee Sandstone in the Galilee Basin.

Chevron Corp has started producing LNG at the second unit of its $34 billion Wheatstone development, marking the completion of its two megaprojects in Australia after cost-blowouts and delays it was announced on June 15.

Partners in the Gladstone LNG (GLNG) plant will invest more than A$400 million (US$303 million) in the Arcadia gas project to help boost GLNG’s gas supply, Australia’s Santos Ltd. said May 31.