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31 October 2019

Queensland Government announces one of State’s largest oil & gas exploration acreage releases

In one of Queensland’s largest ever land releases, the State Government yesterday (30 October 2019) announced the release of an additional 30,000 square kilometres of new land for oil & gas exploration in basins across the State.

In one of Queensland’s largest ever land releases, the State Government yesterday (30 October 2019) announced the release of an additional 30,000 square kilometres of new land for oil & gas exploration in basins across the State.

The 10 new land parcels are located near Roma, Longreach and Mount Isa and spread across six basins – Bowen, Surat, Galilee, Adavale, Eromanga and Millungera.

Source: Queensland Department of Natural Resources, Mines and Energy.

Areas

PLR2019-2-1   
Size                 7976 square kilometres  (2475 sub-blocks)
Location           78 kilometres north-east of Cloncurry
Basin               Millungera Basin
Commodity      Conventional and/or unconventional gas
Prospectivity    Hydrocarbon potential of the Millungera Basin is unknown
PLR2019-2-2
Size 4970 square kilometres  (1550 sub-blocks)
Location 84 kilometres east of Cloncurry
Basin Millungera Basin
Commodity Conventional and/or unconventional gas
Prospectivity Hydrocarbon potential of the Millungera Basin is unknown
PLR2019-2-3
Size                 7338 square kilometres  (2300 sub-blocks)
Location           108 kilometres south-east of Cloncurry
Basin               Millungera Basin
Commodity      Conventional and/or unconventional gas
Prospectivity    Hydrocarbon potential of the Millungera Basin is unknown
PLR2019-2-4
Size                 7796 square kilometres (2500 sub-blocks)
Location           Blackall (excluding the township)
Basin               Adavale Basin
Commodity      Conventional and unconventional gas
Prospectivity    Prospective for conventional and unconventional gas in the Adavale Basin
PLR2019-2-8
Size                 2028 square kilometres (644 sub-blocks)
Location           70 kilometres north-east of Longreach
Basin               Galilee Basin
Commodity      Conventional and/or unconventional oil and gas
Prospectivity    Prospective for conventional and/or unconventional oil and gas in the Galilee Basin
PLR2019-2-9
Size                 230 square kilometres (75 sub-blocks)
Location           75 kilometres east of Roma
Basin               Bowen and Surat basins
Commodity      Conventional and/or unconventional gas
Prospectivity    Prospective for CSG (Walloon Coal Measures) and conventional and/or deep unconventional gas
PLR2019-2-10
Size                 330 square kilometres  (108 sub-blocks)
Location           56 kilometres south-east of Roma
Basin               Bowen and Surat basins
Commodity      Conventional and/or unconventional gas
Prospectivity    Prospective for conventional and/or deep unconventional gas
PLR2019-2-11
Size                 764 square kilometres  (250 sub-blocks)
Location           65 kilometres east of Surat
Basin               Bowen and Surat basins
Commodity      Conventional and/or unconventional gas
Prospectivity    Prospective for conventional and/or deep unconventional gas
PLR2019-2-12
Size                 911 square kilometres  (300 sub-blocks)
Location           80 kilometres south-east of Surat
Basin               Bowen and Surat basins
Commodity      Conventional and/or unconventional oil and gas
Prospectivity    Prospective for conventional and/or unconventional oil and gas
PLR2019-2-13
Size                 834 square kilometres  (275 sub-blocks)
Location           100 kilometres south-east of Surat
Basin               Bowen and Surat basin
Commodity      Conventional and/or unconventional oil and gas
Prospectivity    Prospective for conventional and/or unconventional oil and gas

Four of the gas-prone areas (PLR2019-2-4, PLR2019-2-8, PLR2019-2-9 and PLR2019-2-11), totalling 10,818 square kilometres, will be subject to an Australian market supply condition under the Petroleum and Gas (Production and Safety) Act 2004, ensuring gas produced from these areas is supplied exclusively to the domestic market.

The tender opens on 7 November 2019.

For further information on this new acreage release and the tender process, please contact Andrew Corkhill.

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