Feb 16, 2021

Senex celebrates another Surat Basin milestone

Senex celebrates another Surat Basin milestone

Senex Energy has reached nameplate production of 32 TJ/day at the Atlas natural gas processing facility in the Surat Basin.

The company said the milestone was achieved ahead of schedule and that production was continuing to increase.

Further non-firm capacity of 8 TJ/day was also available at the Atlas facility, it said.

“This latest milestone underscores Senex’s success in becoming a material new entrant in a strong domestic market with high barriers to entry,” managing director and chief executive officer Ian Davies said.

“Our Surat Basin operations now produce the equivalent of 10 per cent of
Queensland’s domestic demand and there is much more to come as we unlock our 780 PJ of 2P gas reserves.

“Our continuing flawless delivery is a credit to our team, our energy infrastructure partner Jemena, which owns and operates the Atlas facility, and the result of strong collaboration with all of our stakeholders.

Senex announced last month that its total Surat Basin production had reached 50 TJ/day (ore than 18 PJ/year), an increase of 16 per cent from the previous quarter.

The latest Atlas achievement is the final production milestone in Senex’s foundation $400 million Surat Basin development project, which includes Atlas and Roma North.

And expansion plans are already in train.

Senex was awarded acreage adjacent to Atlas last year that will enable it to expand Atlas production by up to 56 TJ/day

The company said also the expansion of Roma North to 24 TJ/day was progressing well, with first gas expected in Q1 FY22.