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Senex agrees to sell Phase 2 raw gas to GLNG

December 22, 2017 • Mining & Resources

Australian oil and gas company Senex Energy has reached an agreement with GLNG for the sale of raw gas from Phase 2 of the Western Surat Gas Project, which sits adjacent to GLNG’s producing Roma fields.

The Phase 2 program, which is Senex’s first major investment in the Western Surat Gas Project, involves 30 appraisal wells which were brought online earlier this year and are currently producing ahead of expectations at over four terajoules per day.

Senex Managing Director and CEO Ian Davies said the deal expands on the original agreement between the two parties which involved the sale of raw gas from Phase 1 wells into existing GLNG Roma field Infrastructure.

“Selling our Phase 2 gas to GLNG is the cost effective and environmentally responsible solution for the appraisal of the Western Surat Gas Project acreage,” he said.

“This is a great outcome for the highly successful Phase 2 investment program, which was completed on schedule and on budget, with excellent initial subsurface performance.”

Led by Santos, GLNG is a partnership between Santos and three of the world’s leading energy companies – PETRONAS, Total and KOGAS.

GLNG includes the development of coal seam gas resources in the Bowen and Surat basins in Queensland, a 420km gas transmission pipeline to Gladstone, and two LNG trains with a combined nameplate capacity of 7.8 million tonnes per annum on Curtis Island.

Image credit: https://www.senexenergy.com.au

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