
Over the past 12 months Senex has received all required state and federal regulatory approvals across Project Atlas and Roma North. (Source: Senex Energy)
Australian oil and gas producer Senex Energy Ltd. (ASX: SXY) will start its Surat Basin natural gas drilling program next month after contracting oil and gas services provider Easternwell. Senex is a supplier of gas to Australia's east coast gas market.
Over the past 12 months Senex has received all required state and federal regulatory approvals across Project Atlas and Roma North; partnered with major infrastructure provider Jemena to build, own and operate the Project Atlas gas processing facility and associated pipeline.
Civil works are underway on this facility, with commissioning and first sales gas due late in 2019, according to the company.
In addition, Senex said it has progressed construction of the Roma North gas processing facility, with civil works and pipeline construction complete and major equipment items installed. Commissioning of the facility and first sales gas are due in mid-2019, the company said in a press release. I also said it has progressed construction of the well lease pads in advance of drilling.
Managing Director and CEO Ian Davies said Senex and Easternwell had developed a strong working relationship over many years in the Cooper and Surat basins.“This contract puts in place one of the final major elements for the delivery of our Surat Basin natural gas projects.
“With construction of the gas processing facilities on schedule, and drilling to start in May, Senex is on track to deliver first sales gas from Roma North mid-year and from Project Atlas by the end of 201," he said."These developments will achieve a step change in production, cash-flow and earnings for Senex and deliver much needed gas to the east coast market.”
Easternwell will start Senex’s natural gas drilling program across Project Atlas and Roma North in May, according the press release. Completion of this initial drilling program planned for mid-2020.
Senex can extend the duration of the Easternwell contract to a total period of up to two years from the contract start date.
Recommended Reading
Chesapeake CEO, Commonwealth LNG Chair Say Europe Must Prepare for Next Winter
2023-02-02 - In 2022, Europe raced to fill gas storage with LNG imports; now its focus must turn to next year’s winter, top executives at Commonwealth LNG and Chesapeake Energy said Feb. 1 during a panel discussion at the NAPE summit in Houston.
US Regulator Releases Report Blaming Freeport LNG Blast on Inadequate Processes
2022-11-16 - The PHMSA issued the report after Freeport LNG disclosed earlier in the day a summary of the consultant’s review. PHMSA said it accepted the redacted report but would later make its own determination on what to exclude.
Freeport LNG to Miss Restart Target for Fire-Damaged Texas Export Plant
2022-11-15 - Freeport LNG’s November target “is not credible, nor is a December restart,” said Rapidan Energy Group consultant Alex Munton in a note. He puts a resumption of gas processing in the first quarter of next year “with longer delays possible.”
Freeport LNG: Another Production Restart Delay To Year's End
2022-12-05 - Freeport LNG has missed its U.S. LNG export facility restart date several times since June 2022.
Feds Approve Preliminary Restart of Freeport LNG’s Texas Facility
2023-01-26 - Freeport has yet to seek permission from federal regulators to restart the liquefaction trains, and analysts have said they expect most of the plant's production to remain offline until March or later.