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Friday
16 May 2008
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SLUGCATCHER 

Not much energy in these alternatives


NOT everyone agreed with Slugcatcher’s rant last week about the questionable economics of turning coal seam methane into liquefied natural gas. But, while The Slug was having his fun with an alternative approach to energy there was much more fun happening elsewhere in the alternative energy business – none of it good.
Full Story...


MORE SLUGCATCHER

Coal gas LNG? Bah, humbug!


We are not amused by undeveloped gas fields


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PREMIUM FEATURES 

Big week for big players


IT HAS been an eventful week for Woodside Petroleum with the Federal Government axing the condensate tax break in the 2008 Budget and the completion of the company’s $277.7 million purchase of Shell Development Australia’s North West Shelf oil interests.
Full Story...


MORE PREMIUM FEATURES

Personnel movements, week ending May 16


Oil prices plateau after recent climbs


Shareholder movements, week ending May 16


VIEW ALL STORIES

TECHNICAL & PRODUCT 
Neptune secures European patent


ENGINEERING services company Neptune Marine Services has acquired a European patent for its unique NEPSYS underwater dry welding technology.
Full Story...


PROFESSIONAL PLACEMENTS 
Project Manager, Paralana

  • Newly created role with a highly successful renewable energy organisation
  • Manage the flagship site
  • Key stakeholder management role
  • Adelaide based

  • Full Story...



    LETTERS 
    Coal gas LNG cynicism? Bah, humbug!


    “LIKE Slugcatcher, I too have been around long enough to be familiar with all the pipedreams he listed and have more than passing familiarity with some of them. However I think the Slug on this occasion is being overly pessimistic,” writes PNN reader Tony Norris.
    Full Story...


    MORE LETTERS

    CSM-LNG: having many wells reduces risk


    VIEW ALL STORIES

    DRILLING 
    Pure strikes goal in Queensland


    COAL seam methane explorer Pure Energy has reported strong results from the third well of its four-well exploration program in the ATP852P permit in Queensland’s Walloon CSM fairway.
    Full Story...


    MORE DRILLING

    Junior explorer to drill SA acreage


    Oilex moving ahead in India


    Origin spuds Freshwater Point-1


    VIEW ALL STORIES

    PROJECT PROFILES 
    Maari cashflow set to top $US1 billion in first year


    NET cash flows from the first full year of production from the Maari oil field development off Taranaki, New Zealand will exceed $US1 billion ($A1.07 billion) if world oil prices stay around the $US100 per barrel level, according to Australian broker Bell Potter Securities.
    Full Story...


    MORE PROJECT PROFILES

    Chevron aims to resolve West Tryal gas domestic


    Could Pluto 2 be a ghost train?


    PNG LNG gets govt green light, moving into FEED


    VIEW ALL STORIES

    INDUSTRY MOVES 
    End of condensate tax holiday sparks questions


    THE Federal Government’s move to end the excise exemption on condensate production has raised questions about its willingness to shift the goal posts without consulting the oil and gas industry.
    Full Story...


    PIPELINES 
    DBP sidesteps Burrup problem


    THE owners of the Dampier to Bunbury Natural Gas Pipeline (DBNGP) in Western Australia have signed a conditional agreement to lease a portion of the capacity in Epic Energy's Burrup Extension Pipeline (BEP).
    Full Story...


    PRODUCTION 
    Another producer at Rayburn: Strike


    STRIKE Oil’s success at its Rayburn project in Texas has continued with the Gilbert Freeman-1 well flowed 3.8 million cubic feet of gas per day and 126 barrels of condensate per day during testing.
    Full Story...


    MORE PRODUCTION

    Horizontal well boosts Salinas production


    CSM explorer finds conventional gas


    Aussie juniors sell first oil from US well


    VIEW ALL STORIES



     


    Elk-4 results promising: InterOil


    INTEROIL has flowed gas at a rate of 7.23 million cubic feet of gas per day during the drill stem testing at its Elk-4 appraisal well in Papua New Guinea.
    Full Story...

    DBP sidesteps Burrup problem


    THE owners of the Dampier to Bunbury Natural Gas Pipeline (DBNGP) in Western Australia have signed a conditional agreement to lease a portion of the capacity in Epic Energy's Burrup Extension Pipeline (BEP).
    Full Story...

    Big week for big players
    Exclusively for Premium Subscribers


    IT HAS been an eventful week for Woodside Petroleum with the Federal Government axing the condensate tax break in the 2008 Budget and the completion of the company’s $277.7 million purchase of Shell Development Australia’s North West Shelf oil interests.
    Full Story...

       CURRENT FOCUS FEATURES

    US Oil & Gas

    Emerald's first Appalachian well shines

    Texon continues shallow gas program

    Blocked pipeline delays production: Petsec

    Gulfx reviews GoM interests while Nuenco expands

    Osage well enhances Red Fork’s exploration

    Emerald plans North Dakota wells

    Horizontal well boosts Salinas production

    Another producer at Rayburn: Strike

    Aussie juniors sell first oil from US well

    Grand Gulf busy in Texas, Oklahoma




      VIEW ALL STORIES on US Oil & Gas



       TODAY'S STORIES CONTINUED


    Mosaic proves up Taylor extension


    Mosaic Oil’s Taylor-18 well in the Surat Bowen Basin has encountered about 2.5m of net gas-condensate pay, confirming the presence of interpreted attic reserves updip of its Taylor-4 and Taylor-12A producers.
    Full Story...

    Personnel movements, week ending May 16
    Exclusively for Premium Subscribers


    NICHOLAS Heath, MEO; Stefan Kleffmann, Jill Thomas, Nick Pink, Jane Secker, John Sheppard, Freddie Rillera, Raymond Barcelona, Jamie Parry, Phil Woods, Anthea Rutherford, Kristy Lee Van Heumen, Otto; John Dickinson, Pryme; Brett Langley, Linda Hedger, ESG; John Ellice-Flint, Santos.
    Full Story...

    Rawson farms out NT CSM rights


    RAWSON Resources is farming out all rights for coal seam methane and other non-conventional resources in the northern portion of its EP 97, in the Northern Territory’s Pedirka Basin, to Great Southern Gas.
    Full Story...

    CSM Blue sky


    AFTER 20 days of testing, desorption results from core samples from the Cerulean-1 coal seam methane well have confirmed the prospectivity of ATP 854P near Injune, Queensland, according to Blue Energy, which holds 100% of the permit.
    Full Story...

    Torrens proves up SA hot rocks


    FINAL temperature results from Torrens Energy’s hot rock exploration drilling indicates the Parachilna discovery in South Australia has the highest reported heat flow values on Australia’s electricity grid.
    Full Story...

    Metgasco starts NSW seismic


    METGASCO has kicked off a 127 line kilometre 2D seismic survey aimed at maturing existing leads and prospects in three permits within the Clarence Moreton Basin into drillable prospects.
    Full Story...

    Sapex eyeing CSM, UCG


    SAPEX has been awarded two mineral exploration licences in the St Vincent Basin, north of Adelaide, South Australia, where it intends to explore for coal seam methane and underground coal gasification potential.
    Full Story...

    Oil Search hopes up at Paua


    OIL Search has encountered oil shows and elevated gas readings in the Toro Sandstone at its NW Paua-1 ST3 well in Papua New Guinea.
    Full Story...

    Emerald's first Appalachian well shines


    EMERALD Oil and Gas’ first well in its Appalachian project in Kentucky has flowed 2 million cubic feet of gas per day during an open flow test and has been hooked up to the production facilities.
    Full Story...

    Super 14 ticket winners


    TWO PNN readers have won tickets to this weekend's Australian derby Super 14 matches, courtesy of the tournament's sponsor, Investec.
    Full Story...

    Aussie junior reports oil shows in Brazil well


    EROMANGA Hydrocarbons’ Nord-1SE well in Block 430 of the Sergipe-Alagoas Basin, Brazil, has encountered oil shows in the basement of the well.
    Full Story...

    Oil prices plateau after recent climbs


    OIL prices took a breather this week after Iran said it had no plans to cut exports and the US inventory showed a rise in supplies of distillates.
    Full Story...

    End of condensate tax holiday sparks questions


    THE Federal Government’s move to end the excise exemption on condensate production has raised questions about its willingness to shift the goal posts without consulting the oil and gas industry.
    Full Story...

    Waggamba-4H a winner: Mosaic


    MOSAIC Oil says its Waggamba-4H well is the first commercially attractive horizontal well in the Waggamba Field and has provided scope for an increase in the field’s 2P and 3P reserves.
    Full Story...

    Petroleum industry a govt cash machine
    Exclusively for Premium Subscribers


    AXING the $500 million-a-year condensate tax break will not kill Woodside Petroleum, but it will kill resource sector confidence in the freshly-elected Rudd Labor Government.
    Full Story...

    Woodside completes NWS asset buy


    WOODSIDE Petroleum has completed its purchase of Shell Development Australia's oil interests on the North West Shelf for $US277.7 million ($A295.5 million), adding about 19.6 million barrels of oil equivalent 2P reserves.
    Full Story...

    Growth through acquisitions for BHP: Yeager


    BHP Billiton plans to grow its oil and gas arm through acquisitions, according to BHP Billiton Petroleum chief executive Michael Yeager.
    Full Story...

    Pure strikes goal in Queensland


    COAL seam methane explorer Pure Energy has reported strong results from the third well of its four-well exploration program in the ATP852P permit in Queensland’s Walloon CSM fairway.
    Full Story...





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