Australian firm Senex Energy has completed its A$400m ($278m) Surat basin natural gas development project in Queensland, Australia.
The project includes the recently completed 80 well drilling campaign, down from the originally planned 110 wells.
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Senex has also built and commissioned natural gas facilities at Roma North and Atlas. These projects deliver a greenfield gas processing infrastructure capacity of over 20PJ a year.
Senex managing director and CEO Ian Davies said: “In October 2018, Senex reached its Final Investment Decision for this $400m capital programme. Less than two years later, Roma North and Atlas have been successfully delivered, an industry leading achievement and a credit to all involved.
“We are proud to have worked closely with our partners Jemena and Easternwell, landholders, community and other stakeholders to successfully develop these critical natural gas resources for the east coast market.
“Further, we are appreciative of the strong policy settings of successive Queensland Governments, enabling the development of these valuable resources.
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By GlobalData“With proved and probable (2P) natural gas reserves in excess of 600 PJ across our Surat Basin acreage, Senex will be delivering natural gas to the domestic market for decades to come.”
In April 2019, the company awarded a drilling contract to oil and gas services provider Easternwell to begin its Surat Basin natural gas drilling programme in the country next month.
Senex has received all necessary regulatory approvals across Project Atlas and Roma North, including the environmental permit from the Queensland Government for Atlas last month.
