Oil and Gas News

Growing divide in the east coast gas market: EnergyQuest

EnergyQuest has revealed a widening long-term divide between gas supply and prices in Queensland, the Northern Territory and southern states, with the industry balanced on the edge of not meeting demand in just a few years.
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Senex delivers Surat Basin natural gas reserves upgrade

Senex Energy has released its independently assessed estimates of reserves, reporting a 24 per cent increase in Surat Basin 1P gas reserves to 261 petajoules (PJ) and a 290 per cent reserves replacement ratio (RRR) on 2P reserves of 767 PJ.
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Valhalla program scope open for comment

Bennett Resources is proposing to undertake an unconventional exploration drilling and hydraulic fracture stimulation program within petroleum exploration permit EP 371 in the Canning Basin, Western Australia.
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beetaloo basin

Empire grows interest in Beetaloo Basin

Empire Energy chief executive officer Alex Underwood has confirmed that the company’s shareholders have approved the acquisition of Pangaea Resources’ and Energy and Minerals Group’s interests in the Beetaloo Basin, Northern Territory.
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Julia Creek

McArthur NT now a reality for Armour

Armour Energy has received approval form the Northern Territory Department of Investment, Tourism and Trade (DITT) to transfer the NT exploration permits into McArthur NT.
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OAGT industry quiz

Test your knowledge of the oil and gas industry with our new weekly Wednesday OAGT industry quiz.
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Sole increases production by 21%

Cooper Energy has reported the average Sole production rate in July for the project was 40 terajoules a day (TJ/d), increasing by 21 per cent compared to the fourth quarter of the 2021 financial year.
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