Senex has preferred tender status for a second block in the Surat Basin as part of the Queensland Government’s domestic gas acreage tender process.
The exploration block, named Artemis by Senex employees after the ancient Greek goddess of hunting, has large estimated volumes of gas in the Walloon and Permian coals.
Senex will seek to apply innovative, cost‑effective technologies to confirm the commerciality of these resources. Our efforts to unlock these lower-permeability coals, for which the industry has yet to develop a solution, are part of our commitment to long-term development of natural resources in Queensland.
- 153sq km block PLR2018-1-1 (100 per cent Senex)
- 11km south of Miles, next to APLNG’s Condabri development
- Senex awarded preferred tender status by Queensland Government in May 2019
- subject to exploration tenure grant for initial six-year term
- four-year committed work program includes geological studies and three wells drilled in financial years 2022 and 2023
- minimal capital expenditure required in first two years
UQ partnership to unlock gas
Despite its enormous volumes of natural gas, in some parts of the Surat Basin low permeability in the coals means it’s difficult to produce the gas economically. Senex is partnering with The University of Queensland’s (UQ) internationally recognised Centre for Coal Seam Gas (CCSG) to address this challenge.
Work on the multi-year project will involve:
- a scholarship for doctorate or post-doctorate-level research
- exploring local and global best practice in permeability enhancement
- defining appropriate technology trials to unlock the Artemis block’s potential
Senex and UQ will share advances in knowledge for the benefit of Queensland’s industry and the domestic gas market.