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Northern Territory

News

  • 10 Oct 2019 10:05 AM | Sonia Harvey (Administrator)

    ORIGIN Energy and Irish joint venture partner Falcon Oil & Gas, have spud the Kyalla 117 N2 onshore appraisal in the Beetaloo Basin in the Northern Territory.

    The big-budget Kyalla 117 N2 is the first of two wells the joint venture plan to have drilled by the end of this year, targeting the Kyalla shale liquids gas play in exploration permits EP117, EP76, and EP98.

    The spudding of the well was met with cheers from both industry and the Northern Territory government, with both noting the symbolism of the well in marking a new era of investment for the Top End.  

    "Origin successfully drilling in the Beetaloo is another significant milestone reached off the back of completion of all pre-exploration recommendations from the Pepper Inquiry in July, as part of their exploration program," NT minister for primary industry and resources Paul Kirby said.

    Meanwhile industry lobby body the Australian Petroleum Production and Exploration Association said the resources being targeting would play a "vital role in revitalising the Territory's economy".

    The horizontal well will be drilled to 1,750 metres depth into the Kyalla and Velkarri Formations before a horizontal section is drilled for approximately 1,000m. Once completed the well will be fracced and production tested.

    In a statement yesterday Falcon said the principle objective of the well was to assess hydrocarbon maturity, saturation and reservoir quality of the formation as well as collect data for future drilling campaigns.

    Source: Energy News Bulletin

    Read more here


  • 03 Oct 2019 10:15 AM | Sonia Harvey (Administrator)

    SANTOS and Total will have another month to decide whether or not to acquire a 40% interest each in the offshore Beehive prospect in WA-488-P off the coast of Western Australia.

    Melbana Energy, which has a 100% stake in the license currently, has granted Santos and Total until November 4 to elect to acquire their interests.

    In a statement today, Melbana noted that the two much larger operators had completed technical assessments of the Beehive prospect.

    "The additional time requested is needed by the parties to finalise their commercial analysis and seek internal approvals," Melbana said.

    Beehive has been assessed by independent experts McDaniel & Associates as holding a best estimate 388 million barrels of oil equivalent; however future exploration is  needed to determine the existence of a significant quantity of hydrocarbons.

    Should Santos and Total take a combined 80% stake in the permit, a well will be drilled in the second half of next year at an estimated cost of US$40 million - US$60 million.

    Source: Energy News Bulletin

    Read more here

  • 02 Oct 2019 2:53 PM | Sonia Harvey (Administrator)

    ASX-listed GR Engineering has flagged a hit to annual profits following news that Northern Oil & Gas Australia has gone into voluntary administration.

    Nearly a fortnight ago administrators were appointed to Northern Oil and its associated subsidiaries TOGA Services and Timor Sea Oil & Gas Australia.

    The company's administration came just months after its Northern Endeavour FPSO in the Timor Sea was shut down by the federal regulator over safety and environmental concerns.

    GR's wholly owned subsidiary, Upstream Production Solutions, is the contracted operator of the Northern Endeavour FPSO.

    Yesterday, GR told the market it had conducted "extensive discussions" with the administrators of Northern Oil and assessed its exposure at more than $17 million.

    "GR Engineering's assessment of the group's exposure to the [Northern Oil] contract is circa $17.4 million representing receivables and work in progress ($15.9 million) and the finalisation of commitments to vendors and suppliers ($1.5 million)," GR said in a statement.

    The administrators have agreed to pay GR costs for services from the date Northern Oil was placed into administration, subject to funding from a secured lender.

    Source: Energy News Bulletin

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  • 01 Oct 2019 2:55 PM | Sonia Harvey (Administrator)

    Empire also advised it has received ministerial consent for its 2D seismic program in the Northern Territory in permit EP187 and expects acquisition to begin soon. 

    "We have established a solid foundation for growth in the McArthur and Beetaloo Basins," he said.

    It expects final Territory approvals for its work program soon, it said this morning. It will be the first junior to recommence on the ground operations in the area, though unlike Santos and Origin is not close to spudding a well.

    "Government approvals for drilling operations are proceeding well," it said.

    "Empire anticipates it will have all necessary approvals to commence exploration drilling by the commencement of the 2020 dry season, or in the second quarter of next year."

    Empire holds 14.5 million acres in the McArthur and Beetaloo Sub-basins

    Source: Energy News Bulletin

    Read more here

  • 30 Sep 2019 2:57 PM | Sonia Harvey (Administrator)

    THE South Australian government has approved Australian Gas Infrastructure Group subsidiary  Australian Gas Networks’ development application for the construction and operation of a A$11.4 million renewable hydrogen production facility.  

    he planned facility will be located at the Tonsley Innovation District to the south of capital Adelaide.  

    The planned Hydrogen Park SA (HyP SA) will be producing from the middle of next year.  

    "This is a significant milestone in South Australia's continuing transition to a cleaner energy future. It propels the State's status as a leader in renewable technology and a first mover in hydrogen," AGIG CEO Ben Wilson said.  

    "At HyP SA we will be building a 1.25MW electrolyser as the first Australian demonstration project of its scale and size, with small quantities of renewable hydrogen produced and blended into the local gas distribution network next year."  

    He said by next year residents in Adelaide's Mitchell Park would be using gas with 5% hydrogen added to the mix.  

    The state government has thrown $4.9 million to the project via its Renewable Technology Fund. 

    Source: Energy News Bulletin

    Read more here

  • 27 Sep 2019 3:03 PM | Sonia Harvey (Administrator)

    SANTOS and ConocoPhillips have awarded a major contract for the development of the Barossa gas field to Allseas Groups for the engineering, procurement, construction and installation of the 260 kilometre gas export pipeline. 

    The project area encompasses petroleum permit NT/RL5 located in Commonwealth waters offshore Northern Territory.   

    Barossa, which will go as backfill to the Darwin LNG once the Bayu Undan field depletes early next decade, is currently in its front-end engineering and development phase before final investment decision.  

    Development will include a floating production storage and offloading vessel, subsea production system and a gas export pipeline, which will tie into the Bayu Undan-to-Darwin pipeline.  

    "This is another big step towards Barossa FID and follows the award of the subsea production system and installation support contract in May," Santos managing director Kevin Gallagher said.  

    "Evaluation of tenders for the FPSO and development drilling contracts is well progressed."

    Source: Energy News Bulletin

    Read more here

  • 27 Sep 2019 3:01 PM | Sonia Harvey (Administrator)

    SINGAPORE-based junior Jadestone Energy has completed a major capital project, installing new subsea umbilical cables across the Montara oilfield, offshore Western Australia in the Timor Sea.

    The AIM-listed midcap producer noted that the replacement umbilical installation project was identified by the previous operator of the Montara field as a "high priority."

    The umbilicals are an integral part of the deepwater control system on the field, providing electrical power and control signals to the subsea well heads.

    The project was conducted using the DOF Subsea Skandi Hercules vessel, which was mobilised from Singapore in August.

    The installation project was previously identified by the former operator PTTEP as a "high priority," however work was deferred until Jadestone completed its acquisition of the field and formally became operator.

    Jadestone was formally awarded operatorship for the Montara field in July, but had effectively operated the field since acquiring it from PTTEP last year. 

    Jadestone CEO Paul Blakeley said the major project was completed on budget and without incident.

    "Early on, we recognised the need to replace the control link to the Montara subsea wells, and this was done as soon as possible, following acceptance of Jadestone's safety case for Montara," Blakeley said.

    "I think of this as a one-off maintenance project, and having it completed now will provide greater confidence in our ability to deliver guidance volumes from Montara."

    Since acquiring the field last year, the Montara field has delivered record cash for Jadestone, turning the company from loss to profit in a 12 month period.

    Source: Energy News Bulletin

    Read more here

  • 27 Sep 2019 2:59 PM | Sonia Harvey (Administrator)

    NEXT week marks Timor-Leste’s inaugural oil and gas conference, which Energy News will cover from Dili. 

    The event comes just after the nation's independence 20th anniversary when Australian Prime Minister Scott Morrison travelled to capital Dili to sign the Marine Border Treaty into effect, effectively allowing development of both the Greater Sunrise and Buffalo fields.  

    The summit runs October 3 and 4 and will be sponsored by SundaGas and hosted by petroleum authority ANPM.  

    This is the first time the body will be sharing on- and offshore updates for the region's leading oilers and new opportunities for smaller producers.  

    National oiler Timor Gap will discuss its plans for Timor-Leste and the wider industry. 

    "With more exploration and production projects on the way, the need for

    new partners is higher than ever," it said.  

    The nation's most senior ministers and oil company executives will speak, as will Carnarvon Petroleum COO Phil Huizenga and Timor Resources Suellen Osborne. 

    Source: Energy News Bulletin

    Read more here

  • 26 Sep 2019 2:54 PM | Sonia Harvey (Administrator)

    THE Northern Territory follows Western Australia in record export figures driven largely by a ramp up of new LNG projects in the year. 

    The government has recorded its highest-ever international export figures to 2019 with a balance of A$8.1 billion or a 111.5% increase on the previous year thanks in large part to Inpex's LNG exports from its Darwin plant which drove 70% of the balance, it said.  

    "Resources, live export and the commencement of LNG export from the Inpex site which commenced in 2018 top the Territory's major export list," it said this morning. 

    The Northern Territory has recorded a surplus each year for a decade thanks to energy and minerals in large part. 

    In 2018-19, the NT's total value of goods exported increased by 65.5%, a rise of $3.8 billion to $9.5 billion, in current prices, driven by "significant" rises in exports to Japan, China and Taiwan. 

    Japan is the Top End's biggest export destination taking 44.6% of all exports, followed by China at 27.4% and Taiwan at 5.9%. All three import significant quantities of LNG, with Japan's Inpex sending a large number of cargoes to the nation. 

    As LNG is considered a "confidential" item actual figures were not released by the government.  

    "Almost doubling our international trade balance is a huge outcome for the Northern Territory, for the economy and for jobs," Minister for Primary Industry and Resources Paul Kirby said.  

    "The Territory export economy has a bright future and figures like these reinforce the importance of our export market for jobs and the economy. 

    Source: Energy News Bulletin

    Read more here.


  • 26 Sep 2019 2:52 PM | Sonia Harvey (Administrator)
    Methane monitoring in the Beetaloo Sub-basin – Final Report 

    Independent baseline measurement and monitoring of landscape methane emissions in the Beetaloo Sub-Basin was completed in February 2019 by CSIRO’S Gas Industry Social and Environmental Research Alliance (GISERA), with the final report now available online.

    This baseline monitoring was conducted in accordance with recommendation 9.3 from the Scientific Inquiry into
    Hydraulic Fracturing in the Northern Territory’s Final Report.

    The Northern Territory Government commissioned CSIRO GISERA to complete three mobile survey campaigns over a six-month period between July 2018 and February 2019, capturing both the wet and dry seasons. These surveys were conducted across all exploration permits in the Beetaloo Sub-basin, involving all the pastoral leases in this area.

    The surveys showed that the majority of the methane concentrations recorded were within the average range, with isolated pockets of slightly elevated levels mostly attributable to grazing cattle.

    The vehicle surveys covered approximately 15,000 kilometres on roads and tracks over a cumulative total of 29 days.

    Average atmospheric methane concentration across the survey area ranged from 1.80 to 1.82 parts per million – equivalent to the background concentration of approximately 1.80 ppm expected in rural or natural areas.

    Each survey observed isolated sources of slightly elevated methane concentrations in some areas; identified to be attributed to grazing cattle, townships, fires, termites, wetlands and a small section of above-ground pipeline.

    No elevated methane concentrations were detected at the 11 plugged and abandoned or suspended petroleum wells, or 21 water bores that were specifically investigated. 

    An additional four water bores had slightly elevated concentrations, however, each bore had hundreds of cattle within close proximity, acknowledged to be a contributing factor to the slightly elevated concentration.

    This demonstrates that plugged and abandoned petroleum wells are not ‘leaky’ and have been undertaken in a manner that is safe, not detrimental to the environment and in accordance with legislation and well operations’ standards.

    Results of these studies are important for delivering on the recommendations of the Scientific Inquiry into Hydraulic Fracturing in the Northern Territory.

    Individual reports are available for each of the three surveys produced, in addition to the final report, and can be viewed on the GISERA website

    Read CSIRO’s GISERA media release: CSIRO’s GISERA completes baseline studies in Northern Territory’s Beetaloo Sub-basin

    To read the latest from the NTG Newsroom, please visit NTG Newsroom

    To read the Implementation Plan or access additional information, please visit hydraulicfracturing.nt.gov.au

    To read the Inquiry report and recommendations, please visit frackinginquiry.nt.gov.au

    Or you can contact the Hydraulic Fracturing Inquiry Implementation Taskforce at hydraulic.fracturing@nt.gov.au 
     
     


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