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.
This entry was posted in Events National and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s