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…!

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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