Subscribe to Newsletter
  • MCDERMOTT Floating Facilities

logo

  • News
  • Projects
  • Business and Finance
  • Trending
  • Business Insight
  • Events
  • Online Magazine
  • Advertise
  • Contact
Home
  • News
  • Projects
  • Business and Finance
  • Trending
  • Business Insight
  • Events
  • Online Magazine
  • Advertise
  • Contact
Quotes by TradingView

QLD opens more land to meet domestic gas supply challenge

02 Mar, 2018



Two junior producers -Central Petroleum and Armour Energy -will start exploring for more gas to feed the domestic east coast market after winning the latest tender for the Australian market only.

Queensland Natural Resources, Mines and Energy Dr Anthony Lynham has announced that the two local producers would develop a total of almost another 400 ha just north of the townships of Miles and Surat in south-west Queensland.

Speaking at the Australian Domestic Gas Outlook 2018 conference in Sydney, he said the government was meeting its recent election commitment to release land for domestic-only production by releasing more than 6000 square kilometres for exploration.

“These releases are shoring up Australia’s gas supply – further demonstrating Queensland as a reliable and affordable gas producer,” Dr Lynham said.

“The Palaszczuk Government continues to lead the nation in gas supply and initiative.”

The release comes just five months after the first release of land for domestic supply only, with the first tender going to Senex Energy.

In the latest release, explorer Central Petroleum has been awarded exploration permits for 77 square kilometres in the Surat Basin, 28 km north-west of Miles.

Managing director Richard Cottee said securing the tenement will help fulfil a goal to preserve local jobs in Australia’s domestic manufacturing sector.

“We fully support the dedication of land specifically for the exploration and production of domestic gas, and the awarding of this tender helps us to further this cause,” Mr Cottee said.

“The Queensland Government is helping to secure Australian industry and the right way to do this is by increasing rather than rationing supply.

“I congratulate the Government on its commitment, increasing local supply will go a long way in ensuring that we can maintain a diversified economy and the jobs that come with it.”

Armour Energy has been awarded permits to explore a 318 square kilometre area 17 km north of Surat, near the company’s existing tenures and existing infrastructure.

Armour Energy Chief Executive Officer Roger Cressey said the area will add to the company’s existing portfolio in the Roma Shelf.

“Armour has recently restarted production from its South Western Queensland Kincora Gas Project and we are confident that this new acreage will provide further resources for long term gas production,” Mr Cressey said.

“Additionally, the close proximity of this new tenement to our Kincora Gas Plant means gas resources can be easily connected, processed and delivered to market.

“Whilst Armour Energy it is still in its early days in terms of gas production, we are contributing to the local region as well as the east coast gas market as a steady and growing supplier.”

Central Petroleum and Armour Energy must now negotiate land access agreements and fulfil all existing environmental and Native Title requirements before the Petroleum Lease is granted and work can begin.

 

Related Articles

Qteq and executive chairman found to have engaged in cartel conduct

Qteq and executive chairman found to have engaged in cartel conduct

Pilot Energy announces major gas resource upgrade and leadership appointment

Pilot Energy announces major gas resource upgrade and leadership appointment

Tamboran and Arafura sign LOI for gas supply to Nolans project

Tamboran and Arafura sign LOI for gas supply to Nolans project

Victorian government fast-tracks gas supply approvals amid looming shortages

AEMO’s latest gas statement highlights urgent need for new supply investments

Breaking

  • News
  • Projects
  • Trending
19 May

Natural gas projected to power Southeast Asia’s future

09 May

Woodside outlines growth and climate strategy at 2025 AGM

07 May

Trump threatens secondary sanctions over Iranian oil purchases

07 May

INEOS and Covestro ink eight year LNG supply deal

06 May

Exxon and Chevron face off over Guyana oil block arbitration

15 May

Venture Global secures $3b CP2 loan

07 May

BKV and Comstock to develop carbon capture projects in Texas

07 May

Horizon Oil begins major Beibu Gulf drilling

07 May

Vaquero Midstream doubles capacity with pipeline expansion

07 May

Woodside and bp ink gas supply deal for Louisiana

09 Apr

The decommissioning challenge: How Australia and the UK can collaborate for success

14 Feb

Risks of subsea operations necessitate project lifecycle assurance

13 Feb

Global bunkering sees steady growth as demand rises

12 Feb

Offshore well integrity risk drives urgency for effective decommissioning regime

11 Feb

The role of Australia’s oil and gas sector shifts as energy markets make new demands

Online Magazine

    Current Cover
  • Login
  • Subscribe

Subscribe

Subscribe to Newsletter

Our Titles

  • Share on Newsletter
  • Share on LinkedIn
  • Share on Twitter
  • Home
  • Contact Us
  • Terms and Conditions
  • Privacy
© Sage Media Group 2025 All Rights Reserved.
×
Authorization
  • Registration
 This feature has been disabled
 This feature has been disabled until further notice, however you may still register
×
Registration
  • Autorization
Register
* All fields required