GREEN LIT: PROJECT AT­LAS

The Australian Energy Review - - CONTENTS - EL­IZ­A­BETH FABRI

SENEX’S Project At­las could de­liver first gas to the do­mes­tic mar­ket as early as next year, now that a petroleum lease and pre­lim­i­nary en­vi­ron­men­tal ap­provals have been se­cured. The high-qual­ity coal seam gas per­mit, south­east of Wan­doan in the Su­rat Basin, was awarded to Senex in Septem­ber 2017 fol­low­ing a com­pet­i­tive State Gov­ern­ment ten­der. The grant­ing of the lease will en­able Senex on-ground ac­cess to progress en­vi­ron­men­tal stud­ies and pre­lim­i­nary ac­tiv­i­ties for the de­vel­op­ment of 100 wells and as­so­ci­ated in­fra­struc­ture. Senex man­ag­ing di­rec­tor Ian Davies said the com­pany ex­pected to se­cure re­main­ing State and Fed­eral Gov­ern­ment ap­provals by mid-2019, and de­liver first gas by late 2019. “We are in de­tailed dis­cus­sions with par­ties to pro­vide gas pro­cess­ing in­fra­struc­ture, have ma­te­ri­ally pro­gressed fi­nanc­ing dis­cus­sions with prospec­tive lenders, and look for­ward to en­gag­ing with do­mes­tic gas cus­tomers in the near term,” Mr Davies said. “The di­rect award of a petroleum lease for Project At­las is an in­no­va­tive so­lu­tion by the QLD Gov­ern­ment to help ad­dress the short­age of new east coast gas sup­ply.” State Mines and En­ergy min­is­ter Dr An­thony Lyn­ham said the Palaszczuk Gov­ern­ment used ex­ist­ing leg­isla­tive pow­ers to en­sure the gas would only be sold and used in Aus­tralia. “Con­struc­tion work can now be­gin on the wells and pipe­lines needed to pump up to 26 Peta­joules per year of ad­di­tional gas into the do­mes­tic mar­ket,” Dr Lyn­ham said. Queens­land Re­sources Coun­cil (QRC) chief ex­ec­u­tive Ian Mac­far­lane said the grant­ing of the li­cense with a do­mes­tic-only con­di­tion “was an ex­am­ple of the State’s lead­ing reg­u­la­tory frame­work”. “Not only will it cre­ate 150 jobs but the pi­lot has been a suc­cess in best-prac­tice reg­u­la­tion in ac­tion – fast, ef­fec­tive and fo­cussed on out­comes," Mr Mac­far­lane said. “Other State Gov­ern­ments and Ter­ri­to­ries need to get their heads out of the sand and back the sci­ence and their own in­dus­tries. “Only yes­ter­day an in­quiry rec­om­mended to the NT Gov­ern­ment to lift its frack­ing mora­to­rium and de­velop its on­shore gas.”

Im­age: Senex.

Senex ex­pects to de­liver first gas from Project At­las by late 2019.

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