New land opens to support more gas flow and jobs
Gas explorers have the opportunity to stake their claim over 6,700 square kilometres of land across Queensland’s resource rich Bowen and Surat basins.
The Department of Natural Resources, Mines and Energy today announced 12 prospective parcels of land were open to tender, located close to existing projects between Blackwater and Goondiwindi.
All of the release areas are in proven highly prospective regions that are pumping gas as part of Queensland’s $70 billion onshore gas industry.
There will be strong competition for this land as there is already gas infrastructure across the Surat and Bowen basins and prospective projects can plug into to get gas to market faster.
Of the new land, 872 square kilometres has been reserved for domestic only gas supply.
A recent independent Review of the Australian Market Supply Condition indicates that Queensland’s domestic gas policy has continued to enable strong investment into Queensland’s gas sector.
Earlier this month, Queensland gas explorer Comet Ridge was given the green light to start exploring at its Mahlo North Project, with gas produced from the 450 square kilometre land east of Emerald secured for the domestic market.
Comet Ridge is the seventh gas explorer in the past three years to be granted a domestic only gas approval.
The 12 prospective parcels of land now open to tender are located in central and southern Queensland across five areas:
- Four tender areas across 2501 square kilometres, in the vicinity of Rolleston near the Denison Trough and Arcadia gas projects.
- Four tender areas across 2642 square kilometres, between Blackwater and Banana in the southern Bowen Basin.
- Two areas across 882 square kilometres, south of Theodore between the existing Scotia and Great Meridian gas projects.
- An area totalling 703 square kilometres, 30 kilometres south of Moonie in the established Moonie oil fields.
- One 18 square kilometre area, 15 kilometres south-west of Wandoan adjacent to Project Atlas.
Applications for tender PLR2020-1 close at 2.30pm Australian Eastern Standard Time on Thursday 9 July. For information on how to submit a tender application visit current tenders.
Last updated 14 May 2020