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Strike Energy’s Davenport-1 unconventional well has reached a total depth of 2,102 metres and that wireline logging and sidewall coring has been completed. Preliminary log data indicated Davenport-1 had intersected thick shales and coals in the Toolachee Formation as well as the Roseneath...
Development of unconventional gas reserves in Australia is likely to follow the US model with a supply glut pushing gas prices back down towards the end of the decade, said Santos managing director David Knox. Sydney Morning Herald reported Knox as saying that the new drilling rigs that would tap shale...
CBM Asia Development Corp has entered into a Joint Study and Bid Group agreement with Continental Energy Corporation to investigate coal bed methane exploration and development opportunities in Indonesia. Under the agreement, CBM Asia and Continental will jointly and exclusively study selected areas...
The New South Wales government is determined to develop the state's coal seam gas industry to address a looming shortfall in gas supply, Sydney Morning Herald reported citing energy minister Chris Hartcher. The minister said that the state needs to develop its own coal seam gas reserves to overcome...
GEECL plans to drill 184 new wells on its Raniganj coal bed methane block over the next five years. It also will deploy another rig to increase output. “We will continue to drive our ramp-up in production in 2012, with a second rig being deployed at Raniganj and best in class technology being...
Third annual report on the China Green Tech Market from the China GreenTech Initiative, of which PwC is the strategic advisor. China maintains position as world’s greentech leader despite economic volatility Vast shale gas and coal-bed methane reserves could ease energy shortfall China...
ONGC may soon take a call on the farm-in opportunities in its four coal bed methane blocks in West Bengal and Jharkhand, Business Line reported. The issue may come up for discussion during the scheduled ONGC board meet on May 15. The state owned firm has received interest from Great Eastern Energy...
CBM Asia has said that its strategic goal is to acquire, through joint ventures, farm-ins and PSC applications, a significant land position in Indonesia’s rapidly emerging coalbed methane industry with the potential to yield 10-15 Tcf of net recoverable resources. The Company believes that Indonesia’s...
Green Dragon Gas’ gas output during the March quarter saw a 34 per cent rise to 414 million cubic feet and the company remains on track to achieve its annualised production rate target. The China focused coal bed methane producer has set a output target of 18 billion cubic feet of gas compared...
Senex Energy has significantly upgraded its coal seam gas reserves across Queensland’s Surat Basin permits. More than 500 petajoules (PJ) of net CSG reserves and resources were independently certified. The upgrade was based on new data received from active drilling programs in Senex’s Surat ...