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Energy Forum Armidale: Natural gas from coal. Rick Wilkinson 17 Aug 2012. Source: EnergyQuest, February 2012. Australia: a bundant g as reserves. CSG is the fastest growing source of energy in Eastern Australia. New South Wales CSG 2,872 PJ. Conventional Gas 7,375PJ.
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Energy Forum Armidale: Natural gas from coal Rick Wilkinson 17 Aug 2012
Source: EnergyQuest, February 2012 Australia: abundant gas reserves CSG is the fastest growing source of energy in Eastern Australia New South Wales CSG2,872 PJ Conventional Gas7,375PJ Queensland CSG 39,453 PJ East Australia 2P reserves = 49,655 PJ
Global Perspective: Gas reserves and prices Unconventional gas has had a major impact on the US gas industry
Key 2011 CSG statistics by state Source: APPEA member companies
More than just finding resources… • Change management • Prosperity and sustainability • Improved infrastructure CSG Industry • Economic growth • Risk management • Regulation • Mandate and re-election • Overlapping interests • Water security • Value capture Shareholders Landholders Government Communities Activists • Value capture • Risk management • Capital allocation • Superannuation • Stop fossil fuels • Occupy Wall Street • Increase funding
CSG and the land CSG Then Lauren field in the Surat Basin was developed the way it was, during the drought years, in a manner that fitted both the landholder and the CSG company at the time. CSG Now The Berwyndale field in the Surat Basin has been developed more recently, and demonstrates how CSG proponents work closely with landholders to optimise the layout of infrastructure to minimise the impact on their farm productivity.
Core hole site and rehabilitation Well site at Brawboy, Gunnedah Basin, NSW
A Case Study: Wells and Agriculture Qld NSW Texas Area (‘000 sq Km) 1,731 802 696 Gross Farm Product* ($Bn) 9.1 8.3 9.7 Petroleum Wells 7,000249 218,556 *Source: ABS 1367.0 State and Terr Stat Indicators for 2009/10; 2009 Texas Agriculture Statistics, USDA
Water Utilisation: The Great Artesian Basin GAB Total Storage:64,900,000 GL 881 616 Water Volume (Gigalitres pa) 91 2011 Actual = 16 GL Source: GAB Coordinating Committee (2010) http://www.gabcc.org.au ; CSG industry 30 yrave