GAS

Bright year for Sunshine

SUNSHINE Gas Limited has almost doubled its gas sales from the Roma Shelf project it shares with ...

The Queensland-based company also boosted its liquid hydrocarbon production by about 2.6 times.

Gas production for 2004-05 was 455,621 gigajoules, up from the 284,057 in 2003-04.

Hydrocarbon liquid period for this financial year was 2,576 barrels, easily eclipsing the 994 bbls in 2003-04.

According to the company, Roma Shelf has 1.6 petajoules in proved reserves, 5.8 petajoules in proved and probable reserves and 21.8 petajoules in proved, probable and possible reserves.

The company’s proved and proved and probable reserves have fallen from 2004 levels of 2.3 petajoules and 6.7 petajoules respectively due to production.

Sunshine has more than 37,000 square kilometres of central Queensland ground either under production and exploration or earmarked for exploration.

Its exploration projects are split into the southern Bowen Basin and Surat Basin (which includes the producing Roma Shelf project), the northern Bowen Basin and the Cooper Basin.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry