Greater Sunrise dispute settled

Conciliation proceedings were conducted by the Permanent Court of Arbitration in Kuala Lumpur, Malaysia, on the 25 February 2018. The dispute arose over the maritime border between the countries, which
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Joint marketing approved at Mereenie

The ACCC released a draft determination for a joint marketing arrangement on Friday last week for the Mereenie oil and gas field in the Amadeus Basin in the Northern Territory. In order to allow the development
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Duo fail to find Bass buyer

ExxonMobil and BHP have run the 50:50 Gippsland Basin Joint Venture (JV) since the 1960s, which was one of the world’s biggest producers of oil at its 500,000 bbl/d peak in the 1980s. Exxon announced
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AWE farms out NZ permit

The permit is located southeast of New Plymouth in a prolific gas producing region, and includes the planned Kohatukai-1 well. The well is scheduled to be drilled in Q4 2018 to test the dual objectives
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Santos snaps up Bowen acreage

Located 65 km north of Injune in the state’s southwest, the 86 square kilometre permit holds significant gas resources that have been earmarked for the domestic market. “This area holds significant
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AEMO calls for more supply

With average consumption of 50 GJ/a, Victorians use more gas for cooking, heating and hot water than households in any other state across Australia. Gas is also critical for power generation. Due to Hazelwood’s
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Glenaras drilling update

Drilling of the Glenaras-10 well begun on 23 March, with the vertical test hole reaching a total depth of 1,083 measured depth (MD) and intersecting a total of 29 m of net coal in the Betts Creek Beds. The
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NGP construction resumes in the Top End

After a break over the wet season, McConnell Dowell’s project team on the Northern Gas Pipeline project in the Northern Territory is back on the ground to continue construction on the pipeline between
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Glenaras drilling well underway

The well was logged and tested over various seams to assist selection of the coal target and wellpath designs for the lateral wells. The Glenaras-10 vertical well intersected a total of 29 m of net coal
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Chevron to shutdown Gorgon train

Chevron Vice President and CFO Pat Yarrington said that Gorgon Train 2 has a planned “pit stop”? in May for crews to replicate performance improvement modifications, with maintenance expected
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