The JV reached the agreement after receiving approval from the Australian Competition and Consumer Commission (ACCC) for joint marketing arrangements.
The JV agreed and signed Authorities for Expenditure
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Comet upgrades Mahalo reserves
Comet Ridge Managing Director Tor McCaul said the company’s 40 per cent net share of 2P reserves had increased by 473 per cent from 30 PJ to 172 PJ, while its net share of 3P reserves had risen 71
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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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Supply imbalance needs to be addressed: ACCC
The east coast gas market is at a crossroads and the only real choice is to address the fundamental supply problem, particularly in the south.
The supply situation is most stark in the case of the southern
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Santos invests big in Queensland
As well as upstream developments around the Fairview, Scotia and Arcadia fields, this investment includes the first year of funding for the new $750 million Roma East project which will be developed over
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New Zealand halts offshore exploration
“There will be no further offshore oil and gas exploration permits granted,”? said Ms Ardern.
Minister for Energy and Resources Dr Megan Woods said no current projects will be affected by the
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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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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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Chevron reveals plans for Gorgon expansion
The Gorgon Joint Venture (JV) announced on 14 April that it would be proceeding with Gorgon Stage Two Project (GS2), with drilling anticipated to commence next year.
The additional Gorgon subsea facilities
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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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