Oz Senex Completes Surat Basin Gas Project

Sydney-listed Senex Energy has completed the development of its 100% owned Surat Basin natural gas development project, it said on June 10 in a statement.

Senex has now completed its 80 well Surat Basin drilling campaign, down from 110 wells originally planned due to continued production outperformance, it said. In conjunction with its infrastructure partner Jemena, Senex has also built and commissioned natural gas facilities at Roma North and Atlas, delivering gas processing infrastructure capacity of more than 20 petajoules/year (PJ/year).

“In October 2018, Senex reached its final investment decision for this A$400mn 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,” Senex CEO Ian Davis said. “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.”

Roma North has been producing above nameplate capacity at around 18 terajoules per (TJ/day). Atlas production has exceeded 15 TJ/day and continues to increase steadily towards nameplate capacity of 32 TJ/day, with an additional 8 TJ/day of installed capacity available, Senex said. Initial water treatment facilities at Atlas have been commissioned, with final construction completion expected in early FY21.