Western Times - - FRONT PAGE - Mar­guerite Cud­dihy

TWO lead­ing oil and gas ex­plo­ration and pro­duc­tion com­pa­nies in the Mara­noa de­liv­ered re­gional up­dates at the Toowoomba Su­rat Basin En­ter­prise evening in Roma last week.

Along­side Senex chief op­er­at­ing of­fi­cer Dar­ren Greer and San­tos re­gional man­ager An­drew Snars, Coun­cil­lor Cameron O’Neil spoke on be­half of Mara­noa Re­gional Coun­cil.

With only 160 per­son­nel on the books, Mr Greer said Senex was a small but grow­ing com­pany.

“Un­for­tu­nately we’re not bur­dened by a port­fo­lio of global projects, so the two projects we’ve got have to work,” he said.

As well as ex­ist­ing oil fields in the Cooper Basin, Senex is in phase 2 of its Western Su­rat Gas Project.

“We’re go­ing to drill 30 new wells and, ul­ti­mately, we’re look­ing at 425 wells over the next five years.

“Once we fin­ish our cur­rent phase two, we’ll move into phase three, which will be the first ma­jor scale de­vel­op­ment, which will in­clude some pro­cess­ing fa­cil­i­ties, more earth­works, more wells and more in­fra­struc­ture for us,” Mr Greer said.

Re­gional man­ager for San­tos An­drew Snars spoke about the re­cent change in the gas in­dus­try.

“The nat­u­ral gas in­dus­try is cer­tainly go­ing through a tough time and San­tos has had to re­spond, just like ev­ery­one else, which has meant a lot of changes to adapt to our low-cost op­er­at­ing en­vi­ron­ment.”

De­spite that, Mr Snars said San­tos’ place in the Mara­noa was fixed.

“Ex­clud­ing salaries for staff, San­tos’ pro­cure­ment was $73 mil­lion in the Mara­noa for 2015/16.”


TOUGH TIMES: San­tos' An­drew Snars, Coun­cil­lor Cameron O'Neil and Senex's Dar­ren Greer at the Roma En­ter­prise Evening on be­half of TSBE.

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