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Beach Petroleum (May12)inpexFugro GeoteamBeach Petroleum (May12)

Industry News

DMP Round 5 Co-Funded Drilling Program Closes
Applications for the West Australian Department of Mines and Petroleum (DMP) funding for round five of the Co-Funded Exploration Drilling Program closed on 30 March. The program .. read full article
WA CCS Project Reaches Drilling Milestone
Visitors tour the CCS site in February 2012. Photo courtesy of DMP.
Western Australia's first onshore carbon capture and storage (CCS) project has started research drilling operations. Department of Mines and Petroleum (DMP) Coordinator of Carbon .. read full article
Offshore Gas States Oppose Cash Bidding
ExxonMobil\'s West Tuna Platform offshore Victoria. Photo courtesy of DPI.
The cash-bidding system that the 2011 draft Energy White Paper proposed for acreage releases is unlikely to prompt exploration or development as the Commonwealth hopes it will, .. read full article
Walk Tall, Carry A Big Stick
 Barry Goldstein.
South Australia manages the risk of 'warehousing' of acreage by carrying a stick it hasn't had to use which at the same time stimulates investment. Industry veteran Barry Goldstein, .. read full article
Long Road Ahead For Australian Renewable Energy
2 kW remotely operated submersible pumping system. This solar array produces roughly 20 kW of energy per day. Solar Panels require periodical maintenance every four to five years. Equivalent petrol powered pump would need to be serviced every four months, with a total cost of each service being $600 with a fuel cost per day for petrol / diesel driven pump being around $48.
Australia still has a long way to go before being a global leader in renewable energy production, despite the Bureau of Resources and Energy Economics latest report stating Australia .. read full article
Perth Basin Shale Gas Rush Is On
A worker making a connection between two drill collars on Arrowsmith-2. Photo courtesy of Norwest Energy.
The shale gas rush is on in the Perth Basin now that the WA Government has given four shale and tight gas proof-of-concept proposals the all-clear. The companies that stand to benefit .. read full article
Searcher's New Staff Facilitate Expansion
Paul Miller.
Searcher Seismic has taken on two well-respected industry heads to expand its business in Norway, southeast Asia and Australia. Paul Miller has been appointed as Searcher Seismic's .. read full article
2012 The Year Of Big Spenders
Richard Bailey.
Oil and gas industry leaders have forecast a regional shift in who has greatest potential, according to a new Economist Intelligence Unit report commissioned by industry technical .. read full article
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