Name of the Project
Project Atlas.

Location
The project is located south-east of Wandoan, in Queensland’s Surat basin, in Australia.

Project Owner/s
Senex Energy.

Project Description
Project Atlas is the first acreage in Australia designated solely to supply gas to the domestic market.

The primary objective of the development programme is to reach plateau production of 32 TJ/d, or about two-million barrels of oil equivalent a day, with an additional 8 TJ/d of installed redundant capacity available.

Maintenance wells will then be drilled on an ongoing basis to sustain plateau production.

Infrastructure operator Jemena plans to partner with Senex Energy on the accelerated development of the project. Under the agree­ment, Jemena will build, own and operate a gas processing facility, with an initial capacity of 40 TJ/d and a 60 km pipeline to process and transport gas from Project Atlas through the Darling Downs pipeline to the Wallumbilla hub.

Potential Job Creation
The project is expected to create about 150 jobs over the life of the project.

Capital Expenditure
A capital spend of A$220-million to A$250-million was approved in October 2018.

Jemena will fully fund the downstream infrastructure, expected to cost an estimated A$140-million.

Planned Start/End Date
Delivery of first gas to the domestic market is scheduled for late 2019.

Latest Developments
First gas has been produced at Project Atlas, marking another major achievement just days after a 60-km pipeline linking the natural gas project to the Walumbilla Hub was completed.

Senex Energy launched a drilling campaign at Project Atlas in August this year, and 11 wells of the 60-sell campaign have now been drilled and completed. The first four of these wells have been brought online and have produced gas immediately.

The construction of the 40 TJ/d gas facility is now nearing completion, and prior to commissioning and start-up during this quarter, Project Atlas gas will be produced to flare.

“The remainder of 2019 will be active and exciting as we bring more wells online, commission the gas facility and increase production to meet sales agreements commencing on January 1,” MD and CEO Ian Davies has said.

Natural gas will be supplied to major Queensland manufacturers, with Senex having contracted most of the expected gas volumes in 2020 and more contracts currently under negotiation.

Key Contracts and Suppliers
Jemena (construction contract).

On Budget and on Time?
Not stated.

Contact Details for Project Information
Senex Energy, tel +61 7 3335 9000.