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  • 15 Dec 2020 3:53 PM | Sonia Harvey (Administrator)

    Seventh Hydraulic Fracturing Implementation Progress Update

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

    This progress update provides detail on the status of implementation from 1 May to 31 October 2020. As at 31 October 2020, 61 of the 135 recommendations have been 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 period from 01 May – 31 October 2020 and next steps are summarised below, aligned 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.

    1. SREBA

    The SREBA is a set of studies to address knowledge gaps and establish appropriate baselines against which the potential impacts of proposed onshore gas activities may be assessed. The baselines can also assist in the design and planning of future development, particularly at a regional scale, in order to minimise impacts.

    The SREBA consists of six study domains: water quality and quantity; aquatic ecosystems; terrestrial ecosystems; methane and greenhouse gas; environmental health; and social, cultural and economic. To guide these studies, the 
    Framework for Strategic Regional and Environmental Baseline Assessment: A guide to undertaking a SREBA in the Northern Territory (the Framework) was released in July 2020 following public consultation, briefings and seeking further feedback to inform the final Framework.

    The Department of Environment, Parks, and Water Security (DEPWS) is responsible for the coordination of all six SREBA studies and the delivery of the five studies relating to the biophysical environment and environmental health. The Department of the Chief Minister and Cabinet (CM&C) is responsible for delivering the sixth study, which relates to the social, cultural and economic domain.

    All six studies have commenced and are at different stages of development.

    • The Scope of Work for the water component of the SREBA for the Beetaloo Sub-basin has been drafted, ready for peer review. The Scope of Work for the aquatic ecosystems components of the SREBA is currently under development, and this will include consideration of subterranean ecosystems, which will also be informed by baseline studies in the Water domain.

    • The Scope of Work for the terrestrial ecosystems component of the SREBA for the Beetaloo Sub-basin is near completion.

    • Some baseline studies that will contribute to the water and ecology components of the Beetaloo SREBA have already commenced through the Commonwealth Geological and Bioregional Assessment (Program).  These biophysical studies, and the collection of data for the Beetaloo SREBA as a whole aims to be undertaken by December 2021.  

    • The Scope of Work for the environmental health component and the methane and greenhouse gas studies are both currently out for procurement, with studies expected to commence in 2021.

    • Following a successful procurement process, the contract for the Social, Cultural and Economic study has been awarded to Circle Advisory. Circle Advisory are currently developing stage one, the Scope of Work for these studies and have been consulting in Darwin and the broader Beetaloo Sub-Basin since September 2020. It is anticipated that the social, cultural and economic Scope of Works will be ready for the Minister for Environment to approve in early 2021.

    2. Regulation and Assessment


    Agencies continue to regulate the onshore petroleum activities while progressing recommendations of the Final Report. A total of 15 Environment Management Plans (EMPs) have been approved under the Petroleum (Environment) Regulations 2016 since the responsibility for environmental regulation was transferred to the Minister for Environment.

    DEPWS compliance activities are ongoing and include the review and publication of monitoring reports and periodic inspection of well sites. In the interest of transparency, interest holders are required to submit Annual Environment Performance Reports detailing compliance with environmental obligations made in the EMP. Eight reports have been published on the website in 2020. DEPWS is also implementing recommendations from an informal review that sought feedback from other agencies and industry, with a view to improving the efficiency and effectiveness of environmental regulation.

    The Department of Industry, Tourism and Trade (DITT), now holding the regulatory functions of the former Department of Primary Industry and Resources, continues its regulatory responsibilities related to well integrity, hydraulic fracturing and well operations, having approved a Well Operation Management Plan for drilling activities undertaken in the McArthur Basin by Empire Energy. The Department has conducted monitoring and compliance site inspections at Origin Energy’s Kyalla 117 well in the Beetaloo Sub-basin and Empire Energy’s drilling activities. Regulation of tenure responsibilities including company work programs, title administration and revocation or reserve blocks also remains a key function and responsibility.


    Offsets (recommendation 8.9) and Emissions (recommendation 9.8)

    The Northern Territory Government released its ‘Northern Territory Offsets Framework’ and ‘Northern Territory Offsets Principles’ in July 2020. The principles will support the development of offset policies to guide consistent offsetting arrangements and requirements for projects with significant residual environmental impacts in the Northern Territory.

    Under the Framework, individual and targeted biodiversity and greenhouse gas offset policies will be developed. Work on these policies is underway.

    The Northern Territory Government is currently working with the Commonwealth Government on negotiating a Bilateral Agreement which focusses on a number of priorities with respect to energy and emissions, including efforts to assist in meeting recommendation 9.8: That the NT and Australian governments seek to ensure that there is no net increase in the life cycle GHG emissions emitted in Australia from any onshore shale gas produced in the NT.

    Petroleum Act amendments

    The Petroleum Legislation Miscellaneous Amendments Bill 2019 was passed in the Legislative Assembly on 24 March 2020 and was assented to on 30 March 2020. The amendments to the Act commenced in June 2020 and allow for regulations to be made in relation to land access.

    The government consulted with affected stakeholders on draft Petroleum Regulations that detailed the requirements of statutory land access agreements in June 2020. These draft regulations are being further amended and are expected to commence on 1 January 2021.  Petroleum companies will then require a land access agreement with the minimum 24 protections before being able to undertake petroleum exploration activities on a pastoral lease.

    EBPC Act amendments

    On 29 October 2019, the Federal Minister for the Environment formally announced a review of the Environment Protection and Biodiversity Conservation Act 1999 (Cth)(EPBC Act).

    The Northern Territory Government provided a submission to the Review reiterating its expectation that the Commonwealth review will include a response to recommendation 7.3: that the Australian Government amends the EPBC Act to apply the ‘water trigger’ to onshore shale gas development.

    The Interim Report of the Review was released in June 2020. The Interim Report does not support changes to matters of national environmental significance (MNES) as proposed by recommendation 7.3.

    The Final Report of the Review was submitted to the Federal Minister for the Environment at the end of October 2020. The Territory Government will continue to liaise with the Commonwealth regarding this matter.

    3. Completing implementation of Inquiry recommendations 

    The NT Government has made significant progress in a short amount of time by implementing 61 of the Inquiry’s recommendations, Government must complete an additional 74 Inquiry recommendations (of which 24 relate to the SREBA) before it can consider industry applications for production activities of shale (unconventional) reservoirs. This requires a significant amount of research, policy development, regulatory development and changes to legislation over the next three years, supported by significant stakeholder and community engagement.

    In addition to the status of priorities already covered in this submission under the specific sections of 1. SREBA, 2. Regulation and Assessment and 4. Information Management and Community Engagement, a number of other implementation priorities are the focus for 2021.

    Further amendments to the Petroleum Act

    The Petroleum Act will require further amendments in 2021 to complete numerous outstanding Inquiry recommendations, which includes, but is not limited to:

    • Merits review for decisions under the petroleum legislation with third party standing;

    • a non-refundable levy for the long term-monitoring, management and remediation of abandoned wells;

    • development of a financial assurance framework for petroleum operators; and

    • a broader range of powers to sanction under the legislation.

    Seismicity Framework

    DITT will develop and implement a framework for mitigating induced seismicity occurrences, as a result of petroleum industry activities and continues the work with CSIRO and regulators to formulate an appropriate system for measuring seismic intensity in the Northern Territory.

    Financial Assurance Framework

    The Petroleum Act 1984 was amended to enable regulations to be made to require an environmental security for onshore petroleum activities including the calculation of security. DITT and DEPWS will develop and implement a financial assurance framework in consultation with the community and key stakeholders. 

    The Northern Territory’s Gas Service and Supply Plan


    HFI recommendations 13.2 to 13.10 require the NT Government to work with stakeholders and gas companies to maximise local employment and develop local procurement targets.

    These recommendations are being advanced through the NT Gas Service and Supply Plan that was launched on 5 March 2020 to increase local participation to at least 50 per cent by 2025 through strengthening the commitment of gas operators to local content, growing local workforce and business capability and strategically developing the service and supply ecosystem.  It includes actions to work with gas companies, land councils, local governments, local suppliers and businesses to strengthen gas industry procurement targets.  

    The Plan is supported by the establishment of the Onshore Gas Supply Chain Working Group which held its inaugural meeting on 16 July 2020 with membership including NTG, Santos, Origin Energy, Armour Energy, Empire Energy, Pangaea and Central Petroleum; and the more recent meeting of the Gas Industry Reference Group of peak bodies on 27 October 2020.

    4. Information Management and Community Engagement

    Online portal


    An online portal for public access to information and data on onshore petroleum activities, including approvals and compliance reports, has been established. The online portal is expected to go live by December 2020. The portal contributes to government’s commitment of ensuring transparency in the development and regulation of the onshore petroleum industry.


    Community engagement and Social Responsibility

    Recommendations 12.16, 12.17 and 12.19 Inquiry require the NT Government and the onshore petroleum industry to undertake actions which facilitate community cohesion, build trust, and maintain transparent communication with the public and stakeholders. These activities are characteristics necessary to develop and maintain a Social Licence to Operate (SLO).

    The preferred term is ‘social responsibility’ which is required to build ‘social value’ to better represent the desire to build public understanding and trust of both the onshore petroleum industry and government’s ability to regulate.

    A Social Responsibility Framework to guide the delivery of this work, is being progressed, with an independent science-based community engagement program to commence in 2021. The objective of this work program is to have an independent, scientific and credible team/institution deliver information to all interested parties, through ongoing and regular face-to-face engagement with the community about onshore unconventional gas in the NT.

    Aboriginal Information Program


    An Aboriginal Information Program (AIP) working group was formed in late 2019, with members from the NT Government, the AAPA, Northern and Central Land Councils, industry representatives and the Australian Petroleum Production and Exploration Association (APPEA). The working group agreed to coordinate the development of an Aboriginal information package in two stages.

    As part of Stage 1, a Scope of Works was developed by CSIRO and approved by the group in March 2020. This work consists of CSIRO delivering a package of information that is:

    clear, factual and relevant content for communication material to distribute to communities potentially affected by shale gas development and hydraulic fracturing in the Northern Territory, particularly for translation into languages of local Aboriginal communities.

    To ensure content of the package delivers on the intended purpose of the program, Land Councils are now working directly with CSIRO to finalise the draft package that will be presented to the working group for their endorsement and decision on next steps.

    Whilst delivery of this project has been delayed, AIP working group members are engaged and supportive of the approach being taken to ensure delivery of the project achieves the desired intent.


    Independent Oversight of the Seventh 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 Officer to remain at arms-length from day-to-day decisions and processes relating to implementation.

    The Chief Minister approved the extension of Dr Ritchie’s term as Independent Overseer until 31 December 2021 to see out implementation of HFI recommendations.

    Dr David Ritchie, has provided comment on the progress of implementation outlined in the seventh update.

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

    Read Dr Ritchie’s full advice here PDF (218.7 KB) PDF (224.5 KB)

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

    Community and Business Reference Group

    The Community and Business Reference Group met for the eighth and final time on 8 December 2020. The agenda primarily focussed on the review of the review of the 6 month Progress update. The CBRG term ceases on the 31 December 2020 with members briefed on the ongoing oversight arrangements that will be put in place for the duration of implementation.

    What’s next?

    The NT Government is progressing from stage two to stage three of the Implementation Plan for most Hydraulic Fracturing Inquiry recommendations. Stage three recommendations are mostly larger projects that are anticipated to be delivered over the next 18 months to three years. Progress updates will be announced through six-monthly community bulletins as Stage 3 of the Implementation Plan continues.

    Want to find out more?

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


  • 14 Dec 2020 2:13 PM | Sonia Harvey (Administrator)

    EMPIRE Energy expects approval to frac the vertical and horizontal sections of its Carpentaria-1 well in the Beetaloo Sub-basin by the first quarter of next year from the Top End government and could be drilling by the second quarter.

    It has submitted its environmental managing plan to the Northern Territory government to frac its Carpentaria-1 well in both the vertical and horizontal sections where it is targeting the Middle Velkerri Shale in its EP187 permit.  

    It has been accepted by the Department of Environment, Parks and Water Security for final assessment and if accepted the EMP will remain for five years.  

    It said work will be run over the most promising liquids-rich gas intervals, and data analysis to choose these is ongoing.  

    The company said it is "active discussions'' with contractors to frac the well who have confirmed needed equipment will be available. Work will be paid for with existing cash reserves.  

    Some 50 sidewall cores from the target horizons of the Velkerri are being analysed to establish porosity, permeability, mineralogy, and axial strengths.  

    These will be integrated with and calibrate the downhole log data sets drilling operator Schlumberger acquired.  

    It expects the final set of core analyses from the W.D. von Gonten laboratories in Texas in the middle of next month. Then it will commission certifiers Netherland Sewell & Associates to update its independent prospective resource report, which it expects material changes to given the presence of liquids found while drilling.  

    It suggests initial commercialisation via the Daly Waters to McArthur River Mine pipeline which runs through its permit and is only 5.7 kilometres from the well. The pipe sends gas to a nearby zinc mine operated by Glencore. 

    It also noted a recent memorandum of understanding between pipeliner Jemena and Tamboran Resources for a new pipeline running to the field the latter shares with Santos. 

    Source: Energy News Bulletin

    Read more here



  • 11 Dec 2020 2:20 PM | Sonia Harvey (Administrator)

    AUSTRALIAN gas producer and LNG exporter Origin Energy will push forward with operations at its Kyalla-117 well, despite previously saying it would delay artificial lift activities.

    Kyalla-117 was drilled by Origin (77.5%) and Falcon Oil & Gas (22.5%) in exploration permit EP117. It was fracced this year, however testing following fraccing showed the well had greater pressures than the reservoir, affecting flow rates. 

    On Thursday, the venture announced they would re-enter Kyalla-117 with coiled tubing and apply nitrogen lift to lower the pressure in the wellbore and sustain a gas breakthrough. 

    The nitrogen lift was previously expected to take place next year following the wet season.  

    "The joint venture has decided to execute operations without delay with all the necessary equipment and consumables for the nitrogen lift being prepared to mobilise to the well site," Falcon said in a statement overnight. 

    If successful, the artificial lift will allow for extended production testing. 

    The nitrogen injection should lift the fluids in the well and lower pressures, a common technique which was carried out at Origin's earlier exploration well Amungee-NW-1H back in 2016.

    The well, which successfully flowed at 1.1 million cubic feet per day over almost two months from the Velkerri B Shale, defined a potential gas-in-place of 61 trillion cubic feet within an area covering 1968 square kilometres across Origin's three permits.

    The venture drilled its second well, Kyalla-117 as an appraisal well following the success of Amungee-NW-1H, to a total depth of 3809 metres with a 1579 lateral section in February. 

    Source: Energy News Bulletin

    Read more here


  • 11 Dec 2020 2:15 PM | Sonia Harvey (Administrator)

    PRIVATELY held Tamboran Resources has acquired three permits in the Beetaloo Sub-basin after announcing it would acquire Sweetpea Petroleum yesterday in an all-scrip deal.

    It said this was a move to strategically expand its foothold in the highly prospective frontier basin in the Northern Territory. 

    Tamboran already owns a 25% stake in the EP161 tenement in the Beetaloo alongside Santos (75%). 

    The company will now add to its portfolio exploration permits EP136, EP143 and EP197. 

    EP136 sits adjacent to the EP161 permit and according to Tamboran covers a portion of the Beetaloo with the "thickest and highest quality" shales as delineated by seismic and data from previous wells. 

    "The acquisition of EP 136 is a very important milestone for the company," Tamboran chief executive Joel Riddle. 

    "We are now resuming our role as an operator for what we believe will be the next phase of development in the Beetaloo."

    Tamboran and Santos have already drilled one well, Tanumbirini-1, in EP161 which was successfully fracced this earlier this year. 

    The well flowed at a rate of 2.3 million cubic feet of gas per day over a 90-hour test. 

    Shortly after the flow test Tamboran and Santos announced they would drill two appraisal wells, Tanumbirini-1 and Tanumbirini-3, both of which will target the Middle Velkerri Formation. 

    The wells are expected to be drilled over the next 12 months following the wet season. 

    Tamboran noted that the new permit EP136 sits next to Origin Energy and Falcon Oil & Gas' EP76. Origin and Falcon are planning to drill a new exploration well targeting the same Middle Velkerri Formation next year. 

    "In total, this area may see between three and five new delineation wells or results over the next year making this one of the most active onshore exploration plays globally," Riddle said. 

    Source: Energy News Bulletin

    Read more here



  • 23 Oct 2020 1:02 PM | Sonia Harvey (Administrator)

    AUSTRALIAN oil and gas company Central Petroleum has varied its sales agreement for 3.5 petajoules of gas per annum with Macqurie and secured  a 12 month extension to its finance facility with the bank. 

    The agreement changes a prior arrangement for the bank to hold an option to take gas between 2022-23 to it making a firm payment by December 15, giving the Northern Territory and Queensland-focussed company immediate funds for development work at the Mereenie gas field. 

    Central will supply the gas to the bank or its nominee over 2022-23.  

    It plans the recompletion of four existing wells and the drilling of two new production wells in the Top End.  

    The project will add 5 terajoules of gas per day bringing the total to 45TJ/d with 20TJ/d net to Central.  

    The company was given the all clear by the Top End regulator this week for the field work.  

    The new close date for the $70 million facility is the end of September 2022.  

    Central and Macquarie first struck a gas sales and prepayment agreement in May 2016 for 5.2PJ of gas for delivery this and next year.  

    "The new deal will essentially continue gas deliveries to Macquaries at the same rate for a further two years," Central said.  

    This brings its contracted gas sales to 7.5PJ for 2022 and 5.2PJ in 2023.  

    It also preserves firm contracting capacity for delivery through the proposed Amadeus to Moomba gas pipeline, which could be online by 2024. 

    Source: Energy News Bulletin

    Read more here



  • 22 Oct 2020 1:12 PM | Sonia Harvey (Administrator)

    INPEX contractor Kawasaki Heavy Industries has been found not guilty of causing the death of a subcontractor who died in horrific circumstances at the ichthys LNG project in 2017.

    Northern Territory WorkSafe laid charges against contractors Kawasaki Heavy Industries and sub-contractor Whittens Group after they allegedly "failed in their health and safety" duties resulting in the death of employee Carl Delaney in November 2017 at the Ichthys onshore LNG plant. 

    According to court documents, Kawasaki has been found not guilty of negligence and causing the death of the employee. 

    On November 29, 2017, Delaney was working for subcontractor Whittens conducting insulation works on one of the LNG tanks.

    According to NTWorkSafe the tasks being performed were "high risk".

    Delaney was working in a confined space when he fell from a height into the tank and was engulfed in an insulation called Perlite. He died of suffocation, according to a coroner's report.

    He was working alone when he fell.

    The report found that while workers were required to connect to safety harnesses, there was a culture of ignoring this requirement.

    NTWorkSafe alleged both contractors did not provide and maintain a safe system of work and provide supervision as required under the Work Health and Safety Act 2011.

    Northern Territory Local Court judge Tanya Fong Lim quashed the charges against Kawasaki, however said the complaint against subcontractor Whittens remained. 

    Source: Energy News Bulletin

    Read more here


  • 19 Oct 2020 1:05 PM | Sonia Harvey (Administrator)

    EMPIRE Energy hosted energy and emissions reduction minister Angus Taylor at its Carpentaria-1 well Friday, as well as Senator Sam McMahon and the Northern Territory leader of the opposition Lia Finocchiaro and the Darwin representative of Australia’s peak oil and gas lobby body. 

    The well is in Empire's EP187 in the Northern Territory's Beetaloo Sub-basin, which is first cab off the rank for the government's $28.3 million Strategic Basin Plans, to develop five of Australia's gas basins, announced as part of the federal budget.  

    A second trip tomorrow will involve members of the sitting Territory government which was returned to power last month.  

    "We've met with him (Taylor) before earlier this year but this is the first well (drilled) in the basin since the gas-fired recovery was announced and on the back of that we invited him to join us on site," managing director Alex Underwood told Energy News. 

    It's an unusual trip in some ways given the Empire is nowhere near the size of other Beetaloo players Origin Energy, which shares the Kyalla-189 well with Irish Falcon Oil & Gas, or Santos  but perfect timing given the well results of last week.  

    Last Monday Empire announced the well, being drilled with Schlumberger Land Rig 183, had intersected an "extensive" interval of liquids rich gas in the Velkerri Shale based on mud gas liquids readings and the proportion of liquids "dramatically" exceeds analogue wells previously drilled in the area and also exceeds its own pre-drill estimates.  

    The well will be cased and then after data is analysed a forward drilling program for next year's dry season will be developed.  

    "It's very encouraging for the company that we now have strong support at the Territory and federal level for development of this basin, the government here has shown leadership with respect to development and Darwin is already a major LNG hub," Underwood said.  

    "The government here recognises that that gas development will bring broader economic benefits and that gas will be part of the energy mix as renewables have a larger share of power generation to stablise the grid. 

    "I just think it was important for a senior member of the federal government to see the results of this basin."  

    "The Beetaloo Basin is a world-class resource that has the potential to drive significant development in the Top End to create local jobs and help Australia remain a world leader in gas," a statement from Taylor's office  said. 

    "The government's Strategic Basin Plans will accelerate this development, driving investment and job creation in our regional and Indigenous communities as we recover from COVID-19." 

    The same day anti-fraccing group Lock the Gate posted protest photos on its Twitter account but Underwood said there had been no protests at the site and was caught off guard when first asked about protests by Energy News Friday. 

    Source: Energy News Bulletin

    Read more here



  • 12 Oct 2020 12:18 PM | Sonia Harvey (Administrator)

    The last few months have created a new focus across Australia Supply Chains, especially the reliance on imported goods and extended supply chains. For many products the case for ‘making it here’ is being re-assessed. This is a trend that has been underway for at least five years in North America and Europe, but COVID 19 is finally prompting a re-evaluation of Australia’s over-reliance on international supply chains.

    This interactive webinar will discuss and review the following:

    What are the considerations about where to source?

    • What are the hidden costs (total) of extended Supply Chains?
    • What has changed that necessitates a re-evaluation of past sourcing decisions
    • What are the six steps required to successfully bring production home?
    • Learning Outcomes:

      Guidelines to help decide which inputs to source locally and which to import.

    • The six steps that businesses need to take to successfully re-establish local production
    • How local suppliers can position themselves to benefit from the move to local sourcing. 

    Attendee numbers will be limited to 30 as this will be a fully interactive workshop.

    REGISTER NOW

    Presenter: Tim McLean

    Tim has 32 years’ experience in the manufacturing industry in management and consulting roles. Tim is the author of two books focused on the manufacturing and supply chain challenges faced by SMEs. As the MD of TXM Lean Solutions Tim has worked in around 20 countries and 1000 factories over the past 15 years, providing him with unique insight into the current state of manufacturing and how technology and Lean is shaping businesses across a range of industries.

     

    TUESDAY 18 NOVEMBER

    WEBINAR


    12:30PM-2:30PM AEST

    PRESENTER

    Tim McLean
    TXM

     

     



  • 05 Oct 2020 4:15 PM | Sonia Harvey (Administrator)

    AUSTRALIAN LNG giant Origin Energy and its venture partner Falcon Oil & Gas have completed 11 stages of fraccing at the highly anticipated Kyalla-117 well in the Beetaloo Basin of the Northern Territory.

    Late Friday, Falcon Oil & Gas, which holds a 22.5% stake in the Beetaloo project, told shareholders operator Origin Energy (77.5%) had completed an 11-stage fraccing program across the high-profile, high-cost, Kyalla-117 well. 

    The fraccing program aimed to stimulate 11 sections across a 1579-metre horizontal section of the well targeting the Lower Kyalla Formation. 

    With the fraccing activities now complete, the venture is preparing for flowback and an extended production test. According to Falcon, early stage gas flow rates are expected in the coming weeks. 

    "We look forward to the next phase of operations with the production testing of the Kyalla-117 well and will update the market as results become available," Falcon chief Philip O'Quigley said in a short statement. 

    Initial results from the flow test are expected in the coming weeks, and full results from the production test should be available within the first quarter of next year. 

    Kyalla-117 was drilled to a total depth of 3809 metres with a 1579 lateral section in February this year. Total costs of drilling and completing the well are expected to be in the range of $50 million. 

    During drilling, elevated gas shows with relatively high liquids were observed across all three of the target reservoirs. 

    Origin is paying the full amount of the current operations, up to A$25 million, as part of its farm-in agreement with Falcon. 

    Source: Energy News Bulletin

    Read more here


  • 02 Oct 2020 4:30 PM | Sonia Harvey (Administrator)

    THE MORRISON government is seeking to “turbo charge” investment in resources by broadening the scope of projects eligible for funding under the Northern Australia Infrastructure Facility.

    The government NAIF fund has already provided $2.4 billion in financing for major projects across the Top End. Projects include Kalium Lakes' gas plant and lateral gas pipeline, and $37 million for Merricks Capital's Hudson Creek P12 MW gas power Station in Darwin. 

    It has also helped finance Genex Energy's pumped hydro project in northern Queensland and some solar and wind renewables projects. Its largest single finance in the energy sector is worth $500 million.

    Source: Energy News Bulletin


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