COALBED METHANE – QUEENSLAND

Low CSG quality may hit export contracts

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Original article by Matt Chambers
The Australian – Page: 22 : 12-Oct-18

Australia Pacific LNG CEO Warwick King has told an energy conference that extracting gas from Queensland’s coal seam gas fields is proving to be more difficult than expected. There has been growing concern among industry analysts that the CSG reserves that have underpinned Queensland’s LNG export projects may not able to be extracted economically. Approval for the Gladstone plants was based on proven and probable reserves, whereas LNG export plants in Western Australia were approved on the basis of proven reserves.

CORPORATES
AUSTRALIA PACIFIC LNG LIMITED, ORIGIN ENERGY LIMITED – ASX ORG, ROYAL DUTCH SHELL PLC, SANTOS LIMITED – ASX STO, AUSTRALIAN INDUSTRIAL ENERGY, SENEX ENERGY LIMITED – ASX SXY, JEMENA LIMITED

Santos in $400m bid to lift gas supply

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 17 : 1-Jun-18

Santos has confirmed that it will proceed with the Arcadia gas project in Queensland’s Bowen Basin, which will boost coal-seam gas supplies to the Gladstone LNG plant by 75 terajoules a day. Santos drilled 13 gas wells in a pilot project at Arcadia, and the full project will comprise 137 wells and associated infrastructure. About 300 jobs are expected to be created during the construction phase, while Santos MD Kevin Gallagher says Arcadia should help put downward pressure on east coast gas prices.

CORPORATES
SANTOS LIMITED – ASX STO, GLADSTONE LNG PTY LTD, PETRONAS GAS BHD, TOTAL SA, KOREA GAS CORPORATION, QUEENSLAND. DEPT OF NATURAL RESOURCES AND MINES

Cheap gas flows in as prices slump to record lows

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Original article by Matt Chambers
The Australian – Page: 15 : 1-Sep-14

Origin Energy, Santos and others are building three major LNG processing plants for the export market, in the Gladstone region of Queensland. The projects are forecast to cause higher domestic gas prices as the supply is diverted offshore. However in late August 2014, gas prices for local users have actually declined. In Queensland they have fallen to as little as $A1 per gigajoule, compared with the usual range of $A3 to $A4. From 2015 on they are estimated to reach up to $A10

CORPORATES
ORIGIN ENERGY LIMITED – ASX ORG, SANTOS LIMITED – ASX STO, AGL ENERGY LIMITED – ASX AGK, AUSTRALIAN ENERGY REGULATOR, CREDIT SUISSE (AUSTRALIA) LIMITED, QUEENSLAND CURTIS LNG PTY LTD, AUSTRALIA PACIFIC LNG LIMITED, GLADSTONE LNG PTY LTD