Energy producers will soon express interest in mining coal-seam gas (CSG) in Queensland’s Surat Basin, potentially creating hundreds of new jobs.
The Queensland Department of Natural Resources and Mines (DNRM) is now inviting bids for the Petroleum and Gas (CSG) Tender, 90km northwest of Miles. The tenements spanning 58 sq km are promised to be “highly prospective” for CSG.
A DNRM spokesperson confirmed the successful tenderer will need to complete environmental and other requirements before any tenure can be granted.
“A preferred tenderer must meet environmental, native title (if applicable) and other approval requirements before a Petroleum Lease (PL) may be granted. On grant, the PL holder will need to complete land access and other requirements before commencing on-ground activities,” the spokesperson says.
“This pilot release for a production tenure is in addition to the exploration opportunities offered through DNRM’s Annual Exploration Program released in November 2016.”
This would include negotiating land access agreements with landowners and native title parties.
“We have been working closely with industry on range of measures to maximise the supply of gas at affordable prices and my department is currently assessing submissions received during consultation on the Queensland Gas Supply and Demand Action Plan discussion paper released late last year,” Minister for State Development and Minister for Natural Resources and Mines Dr Anthony Lynham says.
“Gas is critical for job-creating industry expansion and will continue to play a major role as we transition to a renewable energy future … because of the certainty regarding the gas resource available in this area, exploration and prospecting are not required allowing the successful tenderer to proceed directly to a petroleum lease. This will deliver commercial gas production sooner and ultimately supply the Australian market faster.”
Tenders close on 20 April 2017.
For more information visit dnrm.qld.gov.au/resources-tenders