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
Also in this section
27 March 2024
Oil producers have to untangle the increasingly complicated relationship with their natural resources
26 March 2024
Strategic stocks have become as much a market management tool as a security of supply buffer, and this new tactic is likely to continue beyond the next election
25 March 2024
Low carbon intensity and sizeable projects such as Johan Castberg coming onstream in late 2024 suggest a robust outlook at least until 2030
22 March 2024
And the outlook for the country’s upstream appears to have improved following legal setbacks in 2023