Page 10 - AsianOil Week 36 2021
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to carry out a wireline logging programme, company has set a goal of achieving net-zero
adding that the results would dictate emissions by 2050.
whether the well would be cased for pro- “As our business continues to grow, we
duction testing. He added: “A seismic sur- remain committed to pursuing opportunities
vey planned for later this year will assist in for natural gas to power our operations, along-
selecting future drilling locations on the side renewable energy sources such as solar and
Lockyer Deep prospect.” wind,” Ellison said.
The mining services provider described Mineral Resources’ wholly owned subsidiary,
the discovery as “a positive step forward” in its Energy Resources Ltd (ERL), operates the EP368
efforts to replace diesel with gas as a power gen- licence with an 80% interest, while Norwest
eration feedstock at its operations in WA. The Energy owns the remaining 20%.
Senex signs gas sales deal with zinc miner
PROJECTS & AUSTRALIAN independent Senex Energy has The deal with New Century is Senex’s tenth
COMPANIES signed a natural gas sales agreement with New major supply agreement since 2019, with the
Century Resources, its second such deal with a developer having signed more than 75 PJ (1.95bn
local buyer in as many weeks. cubic metres) of agreements with local buyers.
The developer said on September 9 that it Most recently, the company announced on
had signed a supply agreement with the zinc September 2 that it had wrapped up a gas sales
producer that would see it deliver at least 7 PJ agreement with local packaging and paper man-
(182.34mn cubic metres) of gas over three years. ufacturer Opal for up to 12 PJ (312.58 mcm) of
Senex said it would supply the gas to APA gas over a six-year window.
Group’s Diamantina Power Station in Queens- Senex’s supply deals come as the company
land’s Mount Isa, where it will be used to gener- ramps up production from its Surat Basin assets
ate the power required by the miner’s Century in an effort to reach its production target of more
Mine. The zinc mine is located around 250 km than 60 PJ (1.56 bcm) by the end of financial year
north-west of Mount Isa. 2024-2025.
Senex will start supplying the gas from January Production from the Atlas and Roma North
1, 2022, at a fixed price that is “in line with current projects hit a record 17.3 PJ (450.64 mcm) in
market levels”, the company said. New Century has 2020-2021, with daily production increasing by
secured an option to buy an additional 1 PJ (26.05 40% over the course of the year.
mcm) of gas by mid-2022 to support material Upstream industry body APPEA hailed the
increases in the mine’s production. supply deal, with CEO Andrew McConville say-
Senex managing director and CEO Ian ing: “Gas has shown how reliable it is throughout
Davies said: “Century Mine generates signif- the pandemic and with the breakdown of other
icant state royalties and export earnings and energy sources, the industry has continued to do
is a critical project in the Queensland govern- the heavy lifting to ensure the lights are kept on,
ment’s Strategic Blueprint for the North West factories kept running and that there is no gas
Minerals Province.” shortfall in the domestic market.”
P10 www. NEWSBASE .com Week 36 09•September•2021
