Senex to boost Atlas output

The Australian independent plans to increase the gas project’s capacity by 50pc

ASX-listed Senex Energy has made FID on the expansion of its Atlas gas project, committing to increase production by 50pc. The $40mn expansion will raise Atlas’ production capacity to 18PJ/yr (5.9bn m³/yr), or 48TJ/d, from a current 12PJ/yr, or 32TJ/d. The expanded processing facility is expected to be commissioned in the first quarter of the 2023 Australian financial year, or July-September 2022. Drilling to supply the expansion is due to start in September. The expansion was underpinned by sales agreements with domestic Australian manufacturers, and the developer describes the project as a “low-cost, low-carbon, high-return and long-life investment”. 18PJ/yr – New Atlas capacity tar