Origin slashes Qld drilling as soft gas market bites

The reduction in drilling rates at the Australia Pacific LNG venture comes as Shell took another write-down at its Prelude LNG project, underscoring the hit to producers from weak markets.
— Read on www.afr.com/companies/energy/origin-slashes-qld-drilling-as-soft-gas-market-bites-20201030-p569zh

…only drilled 23 wells this financial year compared with 95 at the same time last year…!

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About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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