Australia: Senex to bring more gas to east coast market

Australia. Senex to bring more gas to east coast marketImage courtesy of Senex

Independent Australian oil and gas company, Senex Energy, reached a final investment decision for Project Atlas and Roma North gas projects. 

The FID follows the financial close of the company’s $150 million debt facility, Senex said in its statement, noting the two projects will establish the company as a “material supplier of natural gas to the east coast market.”

With a targeted increase in annual production across the Cooper and Surat basins to 4 mmboe, the modular expansion of gas processing infrastructure provides an opportunity for further production growth from well performance and future investment decisions on existing acreage.

Project Atlas is expected to produce material volumes of gas for the domestic market. The primary objective of the project’s development program is to reach plateau production of 32 TJ/day (approximately 2 mmboe per annum), with an additional 8 TJ/day of installed redundant capacity available.

The Western Surat Gas project will initially focus on the progressive development of the Glenora and Eos blocks, and appraisal of the Mimas and Tethys blocks (collectively, Roma North).

The primary objective is to reach minimum initial production of 16 TJ/day (approx. 1 mmboe per annum), with potential for expansion to 24 TJ/day.

Share this article

Follow LNG World News

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

Offshore Energy Exhibition and Conference 2019

The three-day event includes an exhibition where an expected 600+ supply chain companies will showcase their products and services.

read more >

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

5th CWC China LNG & Gas International Summit & Exhibition

5th CWC China LNG & Gas International Summit & Exhibition will return 16 – 17 October 2019, bringing together the key players…

read more >