Industry News

Central Petroleum has advised that the Palm Valley 12 well, located in the Northern Territory, has reached a measured depth of 2150 m in the lower P2 unit of the Pacoota Formation.

Drilling of the side-track has progressed a total of 130 m this week with hole angle continuing to build towards horizontal.

The objective of the side-track is to test the vertically fractured lower P2 sandstone, encountered in the original well, from a horizontal well bore before entering the P3 sandstone at a near horizontal angle.

Gas was initially discovered at the Palm Valley 1 well in 1965. The gas primarily dwelled in an extensive fracture system in the Lower Stairway Sandstone, Horn Valley Siltstone and Pacoota Sandstones. The system varied in depth between 1800 to 2200 m.
Gas production at Palm Valley predominantly comes from natural fractures which have potential to provide solid production rates.

The PV12 well is being drilled under a joint venture (JV) between Central, New Zealand Oil and Gas (NZOG) and Cue Energy Resources and is scheduled to be completed this year. Central holds a 50 per cent interest in the joint venture, with NZOG holding another 35 per cent interest and Cue Energy holding the remaining 15 per cent.

Cue Energy is an oil and gas production and exploration company with a diversified mix of gas and oil production assets as well as exploration assets in Australia, Indonesia and New Zealand.

The PV12 well is the first of a two-well program which also includes the Dingo-5 exploration and production well.

Source: Oil & Gas Today

On August 12, we announced a change to our corporate logo. The new design is more modern and reflective of our organisations vision, mission and values. We believe our new logo will better represent who we are as an organisation and help us to better connect with all energy sub-sectors.

While the logo change is aesthetic, it’s also an important change as we embark on a journey of new energies and the energy transition.

As we transition to a new phase of innovation and development for the energy industry now more than ever there is a clear movement for collaboration across our diverse energy sector.

Hydrocarbons will continue to play an important role in energy production, with renewables and oil and gas projects co-existing to provide innovative solutions across the industry.

Industry has shown a significant trend in adding renewables and alternative energy sources to the mix as we work towards a decarbonised future.

Collaboration to realise critical decarbonisation strategies not only supports the Territory’s transition to a net-zero emissions future aligning with Northern Territory Government’s 50 per cent renewable energy target by 2030, such strategies also pave the way for substantial industry growth.

The Energy Club NT has been very successful engaging membership across a diverse group of stakeholders and businesses in the oil and gas industry, as well as in the renewables and hydrogen space.

The sharing of information across our diverse industry sectors in the Northern Territory will continue to bring businesses together to support a sustainable energy future.

Stephanie Berlin

Chief Executive Officer - Energy Club NT

Carpentaria-2H Generates Strong Initial Gas Flow Rates

Empire Energy Group Limited is pleased to provide shareholders with an update regarding the ongoing flow testing of the Carpentaria-2H well in Empire’s 100% owned and operated EP187 tenement, located in the Northern Territory’s Beetaloo Sub-basin.

Our Managing Director Alex Underwood wishes to express his gratitude to all of our shareholders for your support, without which Empire will not have reached this historic milestone.

Empire looks forward to providing further updates to you as we continue to execute the largest appraisal program in the history of the Beetaloo.

Please click here to read the full announcement. 

Source: Empire Energy Group

Project planning and design, and work on the environmental assessment for the Middle Arm Sustainable Development Precinct are progressing.

Project update available to be downloaded here  

Darwin Harbour values mapping

A values mapping exercise has launched as part of the social impact assessment for the precinct. Independent consultant True North Strategic Communication is conducting this work as part of the Strategic Environmental Assessment.

What do you love about Darwin Harbour? What do you worry about? We want to hear your thoughts.

Visit the Middle Arm Have Your Say page to learn more about the values mapping, complete a survey and drop comments on a map. Your feedback will help improve understanding about how Darwin residents value and use the harbour and its catchment area.

Ongoing engagement

DIPL is continuing to engage with stakeholders and the community about the Middle Arm precinct. The project team is available to provide briefings, answer questions and take your feedback.

A series of community information stalls will be held over the coming months to provide the general public an opportunity to engage and provide feedback. Dates and times for these stalls will be confirmed shortly.

If you have any queries about the project or would like to arrange a meeting, please do not hesitate to touch base via return email or visit the project page.

If you have any queries about the social impact assessment and values mapping, please contact Jane Munday on jane@truenorthcomm.com.au or 0427 880 083. 

Middle Arm Project Team

Middle Arm Sustainable Development Precinct

Department of Infrastructure, Planning & Logistics

Northern Territory Government

e contact.MASDP@nt.gov.au

w www.dipl.nt.gov.au/projects

Shell’s quarterly report has shown that the company is taking significant steps to invest in energy security and in the transition to low carbon energy.

The company has demonstrated a strong commitment to the reduction of emissions going forward and has managed to reduce scope 1 and scope 2 carbon emissions by 32 per cent compared to Q2 2013. In the same period, teams managed to reduce process safety incidents by 83 per cent.

In a video presentation, CEO Ben van Beurden acknowledged that the last quarter has been a turbulent time world-wide, acknowledging a number of major factors that have contributed to the increased cost of living, especially with regards to the price of oil and gas.

The company has also announced the final financial decisions with regards to the Crux field in Australia, a project which will provide gas to Shell’s floating LNG facility, Prelude. The decision to approve the development of the gas field was reached alongside Shell’s joint venture partner, SGH Energy.

When compared to the first quarter of 2013, Shell’s adjusted earnings are up 65 per cent.

“Our company is truly changing. It’s transforming for the future, and we are setting ourselves up for success in that transformation,” said van Beurden.

“We are using our financial strength to benefit society through secure energy supplies,” said van Beurden.

Subscribe to Oil and Gas Today for the latest project and industry news.

ASX ANNOUNCEMENT

Successful Hydraulic Stimulation of Carpentaria-2H

Empire Energy Group Limited is pleased to update shareholders on the hydraulic stimulation of Carpentaria-2H, a key milestone in the execution of the 2022 drilling, stimulation and flow testing program, the largest in the company’s history.

Please click here to read the full announcement. 

Hydraulic Fracturing Implementation Progress Update Nov 2021 to Apr 2022

This progress update provides detail on the status of implementation from 1 November 2021 to 30 April 2022. The Inquiry made 135 recommendations, three of which were separated to assist implementation planning, resulting in 138 recommendations to be reported on.

As at 30 April 2022, 66 of the 138 total recommendations were fully completed. Updates to the implementation status of individual recommendations can be found by clicking on the relevant recommendations.

Highlights from the progress achieved in the six month reporting period and next steps align to the following four key areas of implementation and reform:

• The Strategic Regional Environmental Baseline Assessment (SREBA) for the Beetaloo Sub-Basin
• Regulation and Assessment
• Completing implementation of the Inquiry recommendations
• Information management and community engagement.

Updates on implementation of recommendations from the Final Report of the Scientific Inquiry into Hydraulic Fracturing are available on the Hydraulic Fracturing website.

Independent Oversight of the Tenth Hydraulic Fracturing Implementation Progress Update

The role of the Independent Overseer is to provide the Chief Minister and NT Government with independent advice on how the implementation of the recommendations from the Inquiry is progressing and being managed. The nature of this role requires the Independent Overseer to remain at arms-length from day-to-day decisions and processes relating to implementation.

Dr David Ritchie, has provided comment on the progress of implementation outlined in the latest six-monthly update.

Overall, Dr Ritchie found that implementation continues satisfactorily in accordance with the findings of the Inquiry.

Read Dr Ritchie’s full advice here.

To contact the Independent Overseer, email Dr David Ritchie at independent.oversight@nt.gov.au

What’s next?

Implementation of remaining recommendations is in progress and the NT Government continues to work on satisfactorily completing recommendations by the end of 2022.

Want to find out more?

To find out about opportunities to engage in consultation or to keep up to date with the status of implementation of each recommendation, sign up for regular updates on the website or by email: hydraulic.fracturing@nt.gov.au

Please direct all correspondence to:
Hydraulic Fracturing Inquiry Implementation Taskforce
GPO Box 4396, Darwin NT 0801
T 08 8999 6573
E hydraulic.fracturing@nt.gov.au
W hydraulicfracturing.nt.gov.au

ASX Announcement
Successful Commencement of Carpentaria-2H Hydraulic Stimulation

Empire Energy is pleased to advise that the fracture stimulation of Carpentaria-2H (“C-2H”) has commenced. C-2H is located in Empire’s 100% owned and operated EP187 Beetaloo Sub-basin acreage. The first of 25 planned stages across the horizontal section has been successfully pumped within the Velkerri B Shale.

To read the full ASX Announcement click here. 

Engineering firm Worley has won a contract from gas major Santos for professional services to support the Bayu-Undan carbon capture and storage project offshore northern Australia in the Timor Sea.

Santos first announced it would convert the Bayu-Undan field reservoirs into a CCS project in March this year.

The field will cease commercial production mid-next year and has capacity to store 10 million tonnes of CO2 per year. The project will take CO2 from the nearby Barossa project and potentially other fields. Barossa has a relatively high CO2 content at about 20%.

Santos has already committed to storing CO2 from other third parties including JERA, INPEX and Tokyo Gas.

Worley announced it had been awarded front-end engineering and design work for the project.

This includes the re-purposing of the Bayu-Undan facility and the offshore section of the gas export pipeline which will be converted into a CO2 injection pipeline.

Worley chief Chris Ashton said he was excited to strengthen the firm's relationship with Santos.

"This project is one of the ways we are helping our customers to decarbonise and re-purpose existing assets as we deliver a more sustainable world," Ashton said.

The FEED work will be executed from Worley's Perth office with support from global teams.

Source: Energy News Bulletin

Do you want to establish or expand your exporting capabilities?

Eligible Territory businesses can apply now for a Global Trade Scheme grant.

The program is divided into three streams, each offering different levels of support depending on where you are at in your export journey.

Each stream is based on a 50:50 co-contribution basis:

Stream 1

• Grants of up to $3,000 to assist businesses to become export ready.

Stream 2

• Grants of up to $10,000 to assist export-ready capable Territory companies to grow existing and enter new export markets.

Stream 3

• Grants of up to $50,000 to assist export-capable Territory companies to grow existing and enter new export markets through a cluster or industry association project.

Grants will remain open all year round or until grant funding is exhausted.

For more information and to apply: www.nt.gov.au/global-trade-scheme

Source: Department of Industry, Tourism and Trade