Oil and Gas News

Senex hits Atlas production target

Senex Energy has reached a key milestone with its Atlas natural gas processing facility in the Surat Basin, Queensland reaching nameplate production of 32 terajoules a day (TJ/d).

The company reported that production at the first nameplate capacity was achieved ahead of schedule and that output would continue to increase.

Senex announced last month that its total Surat Basin production had reached 50 TJ/d, an increase of 16 per cent compared with the previous quarter.

The latest Atlas achievement is the final production milestone in Senex’s $400 million Surat Basin development project, which includes Atlas and Roma North.

Senex managing director and chief executive officer Ian Davies said the Atlas production achievement illustrated continuing flawless delivery in the company’s Surat Basin expansion.

“This latest milestone underscores Senex’s success in becoming a material new entrant in a strong domestic market with high barriers to entry. Our Surat Basin operations now produce the equivalent of 10 per cent of Queensland’s domestic demand and there is much more to come as we unlock our 780 petajoules (PJ) of 2P gas reserves,” Davies said.

“Our continuing flawless delivery is a credit to our team, our energy infrastructure partner Jemena, which owns and operates the Atlas facility, and the result of strong collaboration with all of our stakeholders.”

In addition, the company was also awarded valuable acreage adjacent to Atlas last year, which will enable expanded project production to up to 56 TJ/d.

The expansion of Roma North to 24 TJ/d is also progressing, with first gas expected in the first quarter of the 2022 finical year.

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