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
15 November 2024
With Chevron and AIM-listed Challenger Energy having completed their Uruguayan farm-out deal, Challenger CEO Eytan Uliel updates Petroleum Economist on the firm's progress in the frontier basin
14 November 2024
The country is seeking to secure its position as a major global refiner and meet rising domestic requirements
13 November 2024
IOCs are focused on the next wave of exploration activity in Namibia and are keen to learn from one another’s results