The future looks bright for the world’s fourth-youngest country
Timor-Leste was quick to capitalise on its oil and gas resources after in became independent in 2002. In the same year, a treaty was signed with Australia for a Joint…
Australasia
PETRONAS DRO strategy continues to attract new domestic and overseas investors
The PETRONAS “myPROdata” portal offers a wide variety of opportunities assisted by access to data. This has attracted familiar and new domestic and overseas investors, with Discovered Resource Opportunities (DROs)…
Discovery of Australia’s first natural hydrogen field
Australia’s first dedicated hydrogen well is a success! Last month, Gold Hydrogen drilled the Ramsay-1 well on the Yorke Peninsula to the west of Adelaide, SA. The well twinned the…
Australia’s first dedicated hydrogen exploration well
Drilled in relative proximity to Adelaide, this hydrogen exploration attempt could result in quick access to a market.
The northern Perth Basin in a nutshell
Although it is not formally classified as a sub-basin of the West Australian Perth Basin, the northern Perth Basin forms a large, north-south trending rift basin, extending approximately 150 km…
De-risking gas saturation
Conventional workflows such as near versus far amplitudes or linear inversions often fail to differentiate between low and high-saturation gas reservoirs, mainly due to the relative lack of sensitivity to…
Australia faces a future of contrasting policies for oil and gas in a rapidly evolving energy landscape
State budgets are in surplus for those with active producing sectors. For instance, Queensland announced A$2.33 billion in petroleum royalties for 2023, helping underpin a record A$12 billion surplus and…
The challenge at Gorgon
“Every CO2 project will have its unique challenges”, said Chris Stavinoha from Chevron during his presentation at SEAPEX last month. And as he explained during his talk, Chevron’s Gorgon CO2…
“Shooting a fish in a barrel”
Conversations at conferences are a good way to verify what people think. And there were many people at this week’s Seapex Conference; with more than 400 participants the number exceeded…
Mapping a fault using induced seismic events
Twenty years ago, Australia saw the start of a big geothermal project in deeply buried basement rocks. Situated in the Cooper Basin, the project included several phases of production testing…
Perth Basin gearing up for busy 2023-24
“The past decade may have been sedate in the Perth Basin, but the next 24 months have the potential to add new oil and gas resources, a new mix of…
Gippsland Basin, Australia: new data provides compelling insights in unexplored areas
Gippsland legacy data (left) comparison with CGG’s newly acquired and imaged 3D data (right). Example from deep-water area demonstrates significant uplift with longer cable lengths, utilizing P/Z components and the…