Page 10 - AsianOil Week 25 2021
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AsianOil OCEANIA AsianOil
Cooper wins recognition
of carbon neutrality
POLICY AUSTRALIAN independent Cooper Energy
has become the country’s first natural gas pro-
ducer to be officially certified by the government
as carbon neutral.
The company said on June 24 that Climate
Active, a partnership between the Australian
government and the business sector, had inde-
pendently verified Cooper’s claim that it had
achieved carbon neutrality as determined by
the Climate Active Carbon Neutral Standard’s
requirements.
Climate Active certified Cooper’s fiscal
year 2019-2020 net-zero position, confirming
the company was a “bona-fide carbon neutral
organisation”. The baseline year included 100%
offset of 10,488 tonnes of greenhouse gas (GHG)
emissions with Australian Carbon Credit Units.
Offset emissions included 9,090 tonnes of target opportunities to further cut emissions.
Scope 1 emissions, 474 tonnes of Scope 2 emis- As our business grows our goal is to continue to
sions and 923 tonnes of controllable Scope 3 fully offset our Scope 1, Scope 2 and controllable
emissions. Scope 3 carbon emissions, recognising the long-
Cooper noted that it had partnered with term benefits to our business, the environment
Greening Australia’s Biodiverse Carbon and had and the communities where we operate.”
invested in the Coorong Biodiversity Project in He added: “The next step is working on part-
South Australia. The project includes revegeta- nerships with our customers to support their
tion and restoration of more than 6 square km emissions reduction strategies to address the
of degraded land for the sequestration of CO2 broader Scope 3 emissions challenge.”
and generation Australian Carbon Credit Units. Cooper’s portfolio of upstream assets includes
Cooper managing director David Maxwell a range of stakes of varying sizes in 36 explora-
said: “Becoming carbon neutral was the first tion and production licences spread across the
step for Cooper Energy. We will continue to Cooper, Otway and Gippsland basins.
Origin preps NT shale gas
play for production test
PROJECTS & AUSTRALIAN integrated energy company Ori- and an initial report of discovery to the NT
COMPANIES gin Energy is preparing to hold a production test government in January. The company said at
at its shale gas play in the Northern Territory’s the time that early test data showed unassisted
Beetaloo Sub-Basin. gas flow rates of 400,000-600,000 cubic feet
The company started on-site operations at (11,328-16,992 cubic metres) per day over a
the Kyalla 117 N2-1H ST2 well this week, jun- 17-hour period. Initial observations indicated a
ior partner Falcon Oil & Gas revealed on June liquid-rich gas composition with a carbon diox-
22. Falcon noted that rigging up had been com- ide (CO2) content of less than 1%. Condensate
pleted and clean-up operations had resumed. shows were also present.
Falcon added that if these operations were Falcon said these were preliminary indica-
successful then the next step would be to tions of well performance and that an EPT was
carry out an extended production test (EPT) required to determine Kyalla 117’s longer-term
to determine the well’s expected longer-term performance.
performance. Falcon CEO Philip O’Quigley said: “The
Origin submitted a notification of discovery commencement of operations at Kyalla 117 is an
P10 www. NEWSBASE .com Week 25 24•June•2021