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  • 29 Feb 2024 10:50 AM | Stephanie Berlin (Administrator)

    The Petroleum Operations unit is committed to providing clear information on how the onshore petroleum industry in the Northern Territory is regulated during the wet season.

    To keep Territorians informed, we have published a regulatory statement to provide clarity on what we expect and what we're doing. We expect compliance and will act when we don't see it.

    In response to the Hydraulic Fracking Inquiry recommendations, several mandatory requirements were developed for managing wastewater on a petroleum well site. These requirements are outlined in the Code of Practice and in the Compliance Plan 2023 – 2024.

    These include measures such as

    • ensuring containment of wastewater in enclosed tanks before any significant rainfall event
    • testing wastewater so we know the environmental impact and appropriate disposal methods
    • it also includes limiting wastewater being transported on unsealed roads in the wet season.

    These are just some of the mandatory requirements and there might also be additional controls in the Environmental Management Plan (EMP). If these aren’t complied with, then penalties can apply.

    The Environmental Regulation Branch has established criteria for various levels of impacts and culpabilities to inform our regulatory response, including

    • the seriousness of the contravention
    • the actual or potential for environmental impact
    • the culpability of the interest holder.

    All sites where a regulated activity is actively being undertaken have been inspected, in some instances with other Northern Territory Government agencies. At the start of the 2023 ‐ 2024 wet season, the Petroleum Operations unit undertook wet season preparedness inspections of 100% of onshore petroleum well sites in the Beetaloo Sub‐basin that have wastewater from drilling and/or hydraulic fracturing present.

    Any compliance and enforcement action that regulators take to ensure compliance is published at the end of the financial year. Reports on wastewater management and data provided in accordance with the regulations is made public through the Petroleum Onshore Information NT portal.

    Regulating wastewater from petroleum operation sites during the wet season is our focus, and something we know Territorians care about. We take environmental regulation seriously.

    This article was initially published in the Department of Environment, Parks and Water Security monthly newsletter "Finding the Balance".

    Source: Department of Environment, Parks and Water Security newsroom


  • 28 Feb 2024 10:02 AM | Stephanie Berlin (Administrator)

    The Board of Tivan Limited (ASX: TVN) (“Tivan” or the “Company”) is pleased to advise that the Company is advancing planning for its proposed vanadium electrolyte (“VE”) manufacturing facility (“VE Facility”) at the Middle Arm Sustainable Development Precinct (“MASDP”) in Darwin, with commencement of a testwork program targeting production of high-purity vanadium electrolyte in collaboration with Sumitomo Electric Industries (“SEI”), a Japanese headquartered global manufacturer of electronics. SEI is a leading manufacturer of large-scale, long-life vanadium redox flow batteries (“VRFB”).  

    Tivan announced in October 2023 its plans to deliver a VE Facility at MASDP, using vanadium from the Speewah Vanadium Project as the proposed feedstock, to facilitate deployment of VRFB in northern Australia. VE is used to store energy in VRFB. In support, Tivan signed a Letter of Intent with Larrakia Energy for the supply of up to 30 MW of renewable energy from a proposed 300 MW solar farm to be located on Larrakia Country (see ASX announcement of 31 October 2023).  

    Tivan and SEI have been working in collaboration since mid-2023. Executive Chairman, Mr Grant Wilson, has visited SEI in Osaka to introduce the Speewah Vanadium Project and to further due diligence on VE and VRFB technology. In support of the testwork program, SEI has provided Tivan with its VE specification on a commercial-in-confidence basis. Tivan has designed the resulting testwork program, shown in Figure 1 below.

    The Company has established a working group to oversee planning and execution of the program, which includes Emeritus Professor Maria Skyllas-Kazacos from the School of Chemical Engineering at the University of New South Wales, a member of Tivan’s Technical Advisory Group and also the inventor of VRFB.  

    The objective of the testwork program is to produce VE, using vanadium produced from Speewah samples, which meets the specifications provided by SEI. The program is planned to be completed within a nine month timeframe, supported by work being progressed with Hatch as part of the pre-feasibility study (“PFS”) for the Speewah Vanadium Project (see ASX announcement of 22 February 2024). The scope of the PFS also includes development of a concept design for the VE Facility.  

    VRFBs are widely viewed as a preferred technology for long duration energy storage.

    Advantages include:

    • Longevity: extended lifespan of greater than 20 years, with minimal performance degradation.
    • Cycle: capability for greater than 20,000 cycles.
    • Discharge: capability for full discharge without shortening battery life.
    • Duration: long duration optimised up to 24 hours of energy storage and power output.
    • Cost-competitive: lower maintenance and long life provides for lower levelised cost of energy storage.
    • Safety: use of aqueous electrolyte removes susceptibility of thermal runaway events.
    • Recyclability: VE can be reused and recycled indefinitely.
    To view the full ASX announcement, click here

    Source: Tivan Limited 

  • 28 Feb 2024 9:42 AM | Stephanie Berlin (Administrator)

    A company working to replace diesel consumption with remote energy systems across Northern Australia is the latest recipient of the Northern Territory’s Local Jobs Fund (NTLJF).

    Generators and Off Grid Energy Pty Ltd (GenOffGrid), which was founded in 2017, has developed a deployable solar power station concept that reduces diesel fuel burn in off-grid applications by up to 94 per cent.

    The systems have been designed and tested successfully, and are already installed in several remote locations across the Northern Territory and Western Australia – including Dry River Station, Melaleuca Station, Ormiston Gorge Rangers Station and Berkeley River Lodge, on the remote North Kimberley coastline.

    GenOffGrid has received a $3 million Business Concessional Loan through the LJF, which will support the relocation of the company’s headquarters from Western Australia to East Arm in Darwin and expand, and install more microgrids across remote and Northern Australia.

    GenOffGrid are moving to the Territory due to our import and export facilities that reduce trucking costs, giving them a competitive advantage, while also being close to South-East Asia.

    The project is expected to create 20 jobs over the next two years, with an estimated $122 million contributing to GSP by 2029.

    Since its inception in 2019, the Local Jobs Fund has approved more than $61 million in funding to 15 successful business applicants, which is expected to create more than 880 jobs over the next five years and forecast to contribute over $1 billion to the Territory’s economy.

    GenOffGrid established a presence at East Arm in 2021, and with the help of the LJF loan, will officially use this location as their headquarters from February 2024.

    Quotes attributable Chief Minister Eva Lawler:

    “The Northern Territory is becoming the renewables capital of Australia.

    “GenOffGrid are moving their headquarters to Darwin because of our trading and export opportunities.

    “Territory Labor will keep doing the hard work as we push towards our target of 50 per cent renewables by 2030 and net zero emissions by 2050 – while also keeping power prices down for Territorians.”

    Quotes attributable to Minister for Renewables and Energy Kate Worden:

    “The Northern Territory is transitioning to a future where renewable energy will play a greater role in our energy consumption.

    “We are working towards our target of net zero emissions by 2050 and this Local Jobs Fund loan will play a significant role in achieving this.

    “GenOffGrid will help us deliver more renewable energy solutions for Territorians.”

    Quotes attributable to GenOffGrid Director, John Davidson:

    “We build remote solar power stations in the Northern Territory and Northern Western Australia and we are very pleased to be supported by the NTLJF to assist us in strengthening our investment and fast-tracking our go-to market strategy from our East Arm facility.

    “Darwin is a strategic location for us as we will have access to import and export facilities that will reduce our trucking cost substantially for inbound goods and give us a regional competitive advantage for the neighbouring island countries.”

    Source: Northern Territory Government Newsroom

  • 26 Feb 2024 2:10 PM | Stephanie Berlin (Administrator)

    The Energy Club NT is pleased to hear of this mornings’ announcement from Tamboran Resources of the successful completion of the flow test for Tamboran operated and JV-owned (Tamboran 38.75%, Daly Waters Energy 38.75%, Falcon O&G 22.5%), Shenandoah South 1H (SS-1H) well in EP 117. The results of the flow test mark a significant milestone in the exploration and development of energy resources within the Northern Territory.

    The Shenandoah South 1H well, located in EP 117, has undergone a thorough and rigorous testing process, demonstrating promising outcomes for the region's energy landscape. The flow test results reveal valuable insights into the well's production capabilities, contributing to the broader understanding of the potential energy resources within the Northern Territory.

    “The Energy Club NT congratulates Tamboran Resources and its joint venture partners on an excellent test result at their Shenandoah South well” said Stephanie Berlin, Chief Executive Officer of the Energy Club NT.

    “We look forward to the renewed confidence that this result will bring to the Beetaloo Basin and the ambitions of all the proponents, governments and infrastructure partners who are working hard to bring this basin to its full potential. The Northern Territory in particular, and Australia as a whole, stands to benefit from this potentially massive low cost, low CO2 resource at a time when very little new gas is being bought to market”.

    “Energy Club NT will continue to work to update its members on this exciting development and the economic opportunities it could present to Territorians”.

    The Energy Club NT acknowledges Tamboran Resources' commitment to responsible and sustainable energy development practices. These results underscore the importance of ongoing collaboration between industry stakeholders, regulatory bodies, and local communities to ensure that energy projects align with environmental, social, and economic considerations. 

    To view the full media release, click here.

  • 26 Feb 2024 12:57 PM | Stephanie Berlin (Administrator)

    The Territory Labor Government’s main focus is to grow our economy, create working opportunities for Territorians and continue transitioning to a net-zero future. 

    The Beetaloo-Sub Basin on-shore natural gas resource will be at the forefront of the world’s transition to renewable energy and enable a new economic era for the NT, estimated to increase economic activity by over $17 billion.

    Today, Tamboran a key stakeholder in the Beetaloo Sub-Basin, released their initial production results from well testing. 

    Over the first 30 day period of testing, Tamboran’s pilot project at Shenandoah South recorded the highest normalised rates of gas flow achieved in the Beetaloo Basin to date. 

    These results exhibit the commercial viability of the project, with Tamboran now moving onto the construction phase and have outlined the potential for natural gas to be delivered to the NT in 2026. 

    As this project continues to progress, more work opportunities will become available for Territorians and millions of dollars continue to be spent even before full production which flows straight back into our communities. 

    Reaching net-zero emissions by 2050 is a key goal of the Territory Labor Government and Low C02 Natural gas is critical to transitioning away from high emissions energy sources, securing our energy resources, and lowering your power bills.

    The Beetaloo Sub-basin was also at the core of the most comprehensive regional scientific study in Australia’s history, the SREBA. The SREBA was completed alongside a major scientific inquiry into Hydraulic Fracking to ensure rigours mechanisms are in place to protect our environment. 

    Quotes attributable to Chief Minister, Eva Lawler:

    “The Northern Territory is on the cusp of immense economic growth, and will be at the forefront of the nation’s transition to a net-zero future. 

    “Today’s results released by Tamboran, who are also proponents of the Middle Arm Sustainable Development Precinct, paints a prosperous picture for the Territory as we strive towards a $40 billion economy by ensuring we capitalise on our world class energy resources.

    “It is critical we continue to enabling growth in this sector, because with growth comes a predicated 13,000 more opportunities for Territorians to work in new sectors, more reliable energy sources, lower emission production and lower power bills. 

    Quotes attributable to Minister for Mining, Mark Monaghan:

    “The Beetaloo Basin has globally significant Natural Gas reserves which will transform clean energy production in Australia.

    “Sitting 500kms south east of Darwin, are projects which will create multibillion dollar growth to our economy, and Tamboran’s 30 day flow test results is a key step in delivering on this vision. 

    “We will be the jurisdiction to deliver cheaper, more reliable and lower emissions gas to the rest of Australia for decades to come.”

    Quotes attributable to Chief Executive Officer of Tamboran, Joel Riddle:

    “We are extremely excited to announce the results from the SS-1H well, which are the highest normalized rates achieved in the Beetaloo Basin to date. The normalized flow rates of 6.4 MMcf/d over a 1,000-metre (3,281-foot) lateral section demonstrate to us the commerciality of the Beetaloo Basin.

    “The IP30 result gives us confidence to commence the construction phase of the proposed 40 MMcf/d Pilot Project at Shenandoah South under the Beneficial Use of Gas Legislation, which allows gas that would otherwise be flared to be sold into the local gas market. These volumes have potential to supply natural gas into the Northern Territory gas market in 1H 2026. Final Investment Decision is planned for mid-2024.

    “Importantly, the rock properties, including reservoir pressure, effective porosity and gas-in-place, have delivered IP30 flow rates and well performance at Shenandoah South in the  Beetaloo West that are favourable to production rates in some regions of the Marcellus Shale dry gas window.

    “We will continue flow testing of the well over an initial 90-days to allow for an independent analysis of the expected 20-year EUR of the wells in the region. We then expect to commence drilling of the first two development wells for the proposed Pilot Project, which will be the first 10,000-foot wells drilled in the Beetaloo Basin.”

    Source: Northern Territory Government Newsroom

  • 26 Feb 2024 9:51 AM | Stephanie Berlin (Administrator)

    SS-1H achieves commercial IP30 flow rate of 3.2 MMcf/d (normalized to 6.4 MMcf/d over 1,000 metres), exceeding pre-drill expectation

    Highlights

    • The Shenandoah South 1H (SS-1H) well in EP 117 achieved an average 30-day initial production (IP30) flow rate of 3.2 million cubic feet per day (MMcf/d) over the 1,644-foot, 10 stage stimulated length within the Mid Velkerri B Shale, normalized to 6.4 MMcf/d over 3,281-feet (1,000 metres).
    • Results from the SS-1H well exceeded our pre-drill expectation, which provides the Company with confidence to progress drilling activities during 2024, subject to funding and key stakeholder approvals.
    • Exit rate trajectory showed a steady, low-declining curve at 2.9 MMcf/d over the stimulated length (normalized at 5.8 MMcf/d per 3,281 feet) with a flowing wellhead pressure of 575 psi.
    • Geological rock properties at SS-1H compare favourably with those in the average Marcellus Shale dry gas window, including reservoir pressure, effective porosity and gas-in-place.
    • The Company believes the SS-1H IP30 result elevates the Beetaloo West region as one of the most favorable places to anchor an initial development and commences the de-risking of more than 1 million acres below 8,850 feet (true vertical depth).
    • Tamboran will progress development plans for the proposed 40 MMcf/d Pilot Project in the Shenandoah South location. The project is expected to require six upfront 10,000-foot development wells to achieve plateau production. Drilling is planned to commence in Q2 2024.
    • At the end of January 2024, Tamboran held ~A$55 million in cash to support ongoing activities, which the Company expects to use to fund its 38.75% working interest in the proposed Pilot Project, subject to final Joint Venture approvals. 

    To view the full ASX announcement, click here.

    Source: Tamboran Resources Corporation 

  • 26 Feb 2024 9:48 AM | Stephanie Berlin (Administrator)

    Highlights

    • Tamboran has booked its first estimate of contingent gas over the Shenandoah South region across EP 98 and 117 in the Beetaloo Basin following a successful 30-day initial production (IP30) flow test of the Shenandoah South 1H (SS-1H) well.
    • The EP 76/98/117 unrisked net 1C contingent gas resources increase by 33 billion cubic feet (Bcf) to 284 Bcf and unrisked net 2C contingent gas resources increase by 152 Bcf to 1.2 trillion cubic feet (Tcf).
    • The resource upgrade has been evaluated and certified by leading independent third-party resource certifier Netherland, Sewell & Associates, Inc. (NSAI), with an effective date of 31 January 2024.
    • The 2C resources support the sanctioning of the proposed 40 million cubic feet per day (MMcf/d) Shenandoah South Pilot Project, which is expected to be sanctioned in mid-2024 and deliver first gas into the Northern Territory in Q1 2026, subject to securing financing and key stakeholder approvals.
  • 26 Feb 2024 8:36 AM | Stephanie Berlin (Administrator)

    The Energy Club NT commends the Northern Territory Government for its proactive approach in launching the Territory Resources Social License campaign, aimed to redefine the relationship between the resources sector and the community, fostering transparency, engagement, and sustainable practices.

    The campaign, spearheaded by the Northern Territory Government, signifies a progressive step towards aligning the interests of the resources industry with the values and expectations of local communities. As a key stakeholder in the energy sector, the Energy Club NT recognises the pivotal role this campaign will play in establishing a social license framework that ensures responsible resource development.

    "The Energy Club NT welcomes the launch of the Territory Resources Social License campaign as a proactive and inclusive approach to addressing the evolving needs and expectations of our communities, this approach reflects the commitment of the Northern Territory Government to balance economic growth with environmental and social responsibility" said Stephanie Berlin, Chief Executive Officer of the Energy Club NT.

    “By prioritising dialogue and understanding, the initiative seeks to address concerns, dispel misconceptions, and promote the positive contributions of the resources industry to our economy, the employment sector, and in the quest for sustainability. All of which are keystone to driving the Northern Territory towards its economic objective of $40 billion by 2030”.

    “The success and growth of our Industry in the Northern Territory hinge not only on strategic investments and strong government backing but also on an established platform of trust and transparency. By fostering open communication and mutual respect, we can build a stronger, more sustainable future for all stakeholders involved”

    Through collaborative efforts and ongoing engagement, the Energy Club NT is committed to supporting the objectives of the Territory Resources Social License campaign and contributing to the continued prosperity and well-being of the Northern Territory.

    To view the full media release, click here.

  • 24 Feb 2024 8:04 AM | Stephanie Berlin (Administrator)

    The Territory’s mining and resource industry is worth $6.2 billion, and is key to reaching the Territory Labor Government’s $40 billion economic target.

    Mineral exploration for the September quarter of 2023 resulted in a record expenditure of $74.4 million.

    To attract further investment in the sector, the Territory Labor Government is today releasing a fully updated guide to Critical Minerals in the Northern Territory, which outlines the Territory’s critical minerals that the world needs.

    As part of this update, the Territory’s critical minerals list has increased from 15 to 17, with gallium and graphite added to the list following recent discoveries of these minerals in the Territory.

    The mining and resources industry creates more direct and indirect jobs for Territorians than any other, currently directly employing over 5300 people and contributing close to a quarter of the Territory’s gross state product.

    To ensure the success of the Territory’s resources sector, both now and in the future, the Territory Labor Government is focused on building community trust through regulation, and providing information on the value of resources.

    A Territory-wide Social Licence campaign will now be implemented to reinforce the rigour of the Territory’s regulatory environment, as well as collaborating with Industry to promote efforts to achieve a sustainable future.

    The Mineral Development Taskforce reinforced the importance of Government working with Industry to build credibility, legitimacy and a level of acceptance in the Territory, as well as informing public commentary with correct facts.

    Starting this month, the Territory Government will roll out informative and factual content about industry regulation and the importance of the sector for Territorians.

    Led by the Department of Industry, Tourism and Trade, it will be underpinned by a new website that provides additional information about the sector. https://northernterritoryresources.com.au/

    To view the updated critical mineral document and the new informative content visit  https://geoscience.nt.gov.au/gemis/ntgsjspui/bitstream/1/92851/2/Critical-Minerals-in-the-Northern-Territory-2024.pdf

    Quotes attributable Chief Minister Eva Lawler:

    “The resources sector is key to achieving our goal of a $40 billion economy by 2030.

    “Having a strong and diversified economy means that we will have the revenue to enable investment back into Territory priorities and essential services such as secure energy supply, health, education, housing, and infrastructure.

    “The Territory Government is sending a loud and clear message to investors that we are a world class destination for mining and we have the resources needed for low emission technologies. The new 2024 Critical minerals guide lists 17 critical minerals, with the addition of graphite and gallium, thanks in part to an investment by Transition Minerals down in the Barkly. This is Australia’s first gallium resource development.”

    Quotes attributable to Minister for Mining, Mark Monaghan:

    “The Territory’s mining and resources industry is the backbone of our economy, and creates more direct and indirect jobs than any other.

    “The NT Government has an important role to build trust in the regulator to meet our responsibilities to do right by Territorians. We must also continue to work with Industry to keep Territorians informed about the role mining and resources has in the Territory and in their lives. 

    “The Territory Labor Government’s steadfast focus remains on building a $40 billion, and this newly implemented Social Licence will ensure Territorians are informed and involved throughout the entire journey.”

    Source: Northern Territory Government Newsroom

  • 24 Feb 2024 7:30 AM | Stephanie Berlin (Administrator)

    Drilling has begun on a second well in the Barossa gas field, 290km north-west of Darwin.

    In its annual results released last week, South Australian-based resources company Santos said the second well was matching outcomes from the first, with strong gas flows and low carbon emissions.

    According to Santos, the Barossa gas project is now 67 per cent complete with first gas expected in the third quarter of 2025.

    The pipeline that will deliver gas from the field to Darwin LNG is now 68 per cent complete and more than 50 per cent of the pipe has been laid.

    The company said initial well flow rates from the second drill were “in line with expectations” and carbon dioxide content was at the low end of the expected range.

    The company anticipates that at full production, Barossa is expected to add 1.8m tonnes per annum to Santos’ expanding LNG portfolio.

    Completed just after Justice Natalie Charlesworth’s historic January 15 finding that cleared the way for work to resume laying the pipeline past the Tiwi Islands, the report is upbeat about the project’s future.

    It forecasts completion and integration of the floating production and storage offloading facility in the first-half of 2025 and complete installation and testing of the gas export pipeline.

    Subsea flow lines will be installed and tested this year and construction will begin on the Darwin pipeline duplication that will connect the gas export pipeline to Darwin LNG plant.

    The report also said Santos transitioned to supplying gas from Bayu Undan to the NT domestic market on November 30, although failed to mention when supplies would run out.

    The plant itself is being isolated and hydrocarbons removed and the Darwin life extension project is 32 per cent complete and on track for completion in the first half of 2025.

    The life extension project will prepare the Wickham Point LNG plant to switch from Bayu Undan field sourced gas to Barossa gas.

    Santos chief executive Kevin Gallagher said projects like Barossa were the future of Australian energy generation.

    “Our critical fuels are a necessary component in the energy security of Australia and Asia, and will be required to provide affordable and reliable energy while the world transitions to lower-carbon alternatives,” Mr Gallagher said.

    Source: The NT News

    To view the full article online, click here.

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