Australia’s world-class CSG resource has seen the country emerge as a global unconventional gas player. Three LNG plants are being constructed, with more than US$50 billion committed to be spent in the sector before 2020. Australia’s unconventional gas story does not stop there. Operators now have shale and tight gas potential, where exploration is now underway in a number of basins across the country.
As with CSG, the initial steps are being taken by the industries’ smaller companies; however, established players like Mitsubishi, Hess, BG and ConocoPhillips have been quick to buy into the opportunity—and at a fraction of the cost of the proven CSG plays. So can shale or tight gas emerge as Australia next major play? This presentation summarises activity levels and discusses which basins present the greatest potential. It also considers the challenges that lie in wait to commercialise new discoveries and the case studies of the US shale and Australian CSG plays to identify key success factors.
This short abstract contains only presentation slides.
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