Oil and Gas News

Senex nears first gas sales at Project Atlas

Senex Energy is on track for first gas sales from Project Atlas in the Surat Basin of Queensland by the end of 2019.

The company is rapidly progressing its Surat Basin natural gas developments to achieve a goal of becoming a material supplier of natural gas to the east coast gas market.

Senex achieved first gas production at Project Atlas late in the September quarter, representing the delivery of a greenfield natural gas development within 18 months of being granted the petroleum lease.

Seven wells have now been brought online at Project Atlas and natural gas production continues to steadily increase, the company stated in a September quarter report.

Senex also celebrated the commissioning of the Roma North gas processing facility in Queensland during the quarter.

As a result, the company completed the sale of the sale of the facility and pipeline to infrastructure operator, Jemena.

“This released $50 million of capital and allows us to continue focusing on development of our oil and natural gas acreage,” Senex managing director and chief executive Ian Davies said.

“Production at Roma North is now over 11 terajoules/day and continues to increase. With 40 wells on production and 40 still to be drilled, we are making great progress towards its initial production capacity of six petajoules/year.”

Senex aims to ramp up production to 18 petajoules a year between Project Atlas and Roma North by the end of the 2021 financial year.

Leave a Reply

Your email address will not be published. Required fields are marked *

©2019 All Rights Reserved. Oil & Gas is a registered trademark of Prime Creative Media.