Senex Energy has made Final Investment Decisions to develop its Project Atlas and Roma North natural gas projects in the Surat Basin at a cost of more than $200 million.
The developments involve the construction of a combined 110 wells initially, two gas processing plants and associated pipelines and facilities over 18 months starting late in the first quarter of 2019.
About 60 wells will be drilled in the initial development phase for Project Atlas, which is centred on Queensland’s first tenement dedicated to domestic gas supply. Senex expects to deliver more than 200PJ of gas for the domestic market over the life of the project.
The State Government awarded Senex the acreage last year after a competitive tender and delivery of first gas is on target for the end of 2019.
Jemena will build, own and operate the Atlas processing plant and 60km pipeline that will transport natural gas to Wallumbilla, a major domestic supply hub.
Gas from Roma North, part of the larger Western Surat Gas Project, will be sold to GLNG under a 20-year sales agreement.
Senex said it expected to create about 150 jobs and invest more than $200 million in developing the projects, which are near existing gas infrastructure. Project Atlas is about 20km south-west of Wandoan and Roma North about 30km north of Roma.
Senex managing director and chief executive officer Ian Davies said the investment decision was significant both for the domestic gas market and regional communities.