
The view from inside the gas industry
May 1, 2025
Rick Wilkinson, a gas industry veteran from EnergyQuest and former key developer of Santos' GLNG, offers fascinating insights into Australia's gas market. He discusses the evolving gas demand amid rising renewable energy, the complexities of managing supply, and the challenges posed by seasonal fluctuations. Wilkinson also examines the implications of a potential Labor government on energy policy, contrasting Australia’s energy transition with Spain’s struggles. The interview reveals the critical role of gas in the future energy landscape while navigating economic uncertainties.
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Challenges at Narrabri CSG Project
- The Narrabri coal seam gas project faces technical challenges, including fractured coal and ~20% CO2 content.
- Overcoming environmental, technical, and community issues will be key to its development.
Deliverability Limits in Queensland LNG
- Queensland LNG producers have spare 2P reserves but limited deliverability due to coal seam gas well characteristics.
- Continuous drilling is needed to offset natural well decline and meet contractual gas supply.
Contingent Resources and LNG Capacity
- Large contingent gas resources exist but are commercially challenging to produce at current costs and technical constraints.
- LNG plants on Curtis Island have capacity to take more gas if economically viable supply is found.
