'Call to Action - the Time is Now!' - YouTube:
People all over Australian are standing up against the corporates and their government lackeys, in protection of their water, their air, health, communities and their children's future. Together we can and together we will.
People of the Northern Rivers, NSW, Australia, stand up to invasive gas fields which threaten our land, water, and air. Join your fellow Australians to fight for a safe, sustainable future! Sydney's water supply is also threatened NOW.
People all over Australian are standing up against the corporates and their government lackeys, in protection of their water, their air, health, communities and their children's future. Together we can and together we will.
People of the Northern Rivers, NSW, Australia, stand up to invasive gas fields which threaten our land, water, and air. Join your fellow Australians to fight for a safe, sustainable future! Sydney's water supply is also threatened NOW.
Photo Damian Kelly
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THE Arrow Energy coal-seam gas joint venture between Shell and PetroChina in Queensland could be a buyer in a planned stake sale by the rival Australian Pacific LNG project -- led by Origin Energy and ConocoPhillips, analysts say.
ReplyDeleteShell this month said Arrow, which is yet to start construction, was considering "combining its reserves" with one of the three big under-construction CSG-to-LNG projects being built on Gladstone's Curtis Island as it tried to mitigate the effect of surging costs plaguing LNG investment.
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Plant, drill rigs to be computer-controlled from Brisbane.
Arrow Energy will open a real time monitoring and control centre in Brisbane next year to manage a fleet of high-tech drill rigs and other "essentially unmanned" assets operating under its LNG Project.
Arrow Energy placed a $135 million order for the remote-controlled drill rigs in August via Sirius Well Manufacturing Services, a joint venture that is part-owned by Royal Dutch Shell, which also happens to be one of Arrow's parent companies. (pdf)
The first of the computer-controlled rigs will be delivered to Arrow Energy next year. The rigs are to be fitted with remote sensors and satellite communication systems to relay data to and from the drill sites.
"The 6000th well has to cost less than the first well [to drill]. We have to make a continuous improvement.
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In Moranbah, about 200 kilometres inland from Mackay, the fourth of the Australian coal seam joint-venture companies is shifting its plans to export coal seam gas to emerging world markets into top gear.
Moranbah, with a population of 7300 — of which about one-third are fly-in, fly-out workers — sits in typical cattle grazing country, surrounded by brigalow scrub.
It is on the western edge of the Bowen coal basin and home to the Goonyella coalmine
In Moranbah on Thursday, Arrow chief executive Andrew Faulkner gave the strongest indication to date that the company was planning to go it alone and ship gas from 8000 planned wells from its own plant.
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Macquarie said Australia's five most advanced LNG developments - Pluto (completed) PNG LNG, Gorgon, Queensland Curtis LNG and Gladstone LNG - were already 32 per cent over-budget and six months late despite being only 60 per cent complete.
With construction peaking in 2013, the analysts warned, "the worst may lie ahead".
The analysts said the growing suggestion was that Woodside's Browse LNG development, Australia's largest remaining undeveloped resource, would struggle to yield acceptable returns going to James Price Point, 60 kilometres north of Broome.