Exclusives

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.

BP, Woodside, gas, offshore, Trinidad, Australia, Persephone, Juniper

The latest startups mean BP has brought five of its seven major 2017 projects onstream.

simonov, appea, russia, lng, debate

Who will be the next LNG and gas export superpower? A Russian energy director and an American executive took their cases to Australia for APPEA 2017.

APPEA, Australia, gas shortage, Matt Canavan, Woodside, Peter Coleman, LNG

A legislative move designed to shore up energy supplies will be triggered only when a shortage has been identified and will apply to export operations, Matt Canavan said.

natural gas, LNG, South Australia, Senex, Beach, Strike, Santos, energy

Beach Energy, Santos, Strike and Senex have been named recipients of AU$24 million in grants from the South Australian government.

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

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.

In an astonishing paradox, Australia is hurtling towards chronic domestic gas shortages and power outages just as it becomes the world’s biggest LNG exporter.

Mubadala Petroleum, operator of the Manora oil development joint venture in the northern Gulf of Thailand, said Sept. 15 that drilling of the MNA-17 well is now completed, according to Tap Oil Ltd. 

The five wells will be drilled back-to-back in the program, which will probably last about two and a half months, Bengal said. 

Field Development

Norway’s Add Energy, Australia’s Transborders Energy and other partners will pick a site in 2018 for a low-cost floating liquefied natural gas (FLNG) development, the Norwegian consultancy firm said Oct. 17.

Australia expects to increase exports of LNG by 16% from mid-2018 as $180 billion in new projects hit their stride, nearly catching up with Qatar, the world’s top supplier.

Australian-based Senex Energy won the right to develop a new gas field in the state of Queensland and would aim to make its first delivery from the site within two years, racing to supply a tight local market, it said on Aug. 29.

Arrival of massive FLNG vessel off Australia’s coast signals start of race between Ichthys and Prelude fields.

Shell’s Prelude FLNG Facility Sets Sail From S. Korea For Australia

Shell’s Prelude FLNG expected to begin operations in 2018.