Projects - Queensland

Surat Basin

Summary

The cornerstone of our operations is located in Surat in South-West Queensland.

The Surat Basin is an extensively explored region with over 200 wells and 5,000 kilometres of seismic data, revealing a substantial natural gas reserve estimated at over 10 trillion cubic feet. Our Surat Basin portfolio encompasses three key gas fields with stacked Permian to Jurassic reservoirs, including Kincora, Myall Creek and Parknook fields. Through rigorous exploration and appraisal, we have identified substantial gas resources and an established robust production infrastructure. 

The Kincora field produced its first gas in 1978, and since then the Kincora Gas Plant has been a reliable source of gas, LPG, and condensate, whilst also supporting the development of several oil fields. In addition to the Kincora Gas Plant, our infrastructure also includes the pipeline infrastructure, and the Newstead Gas Storage Facility, which enhances our capacity for efficient resource management.

We are committed to responsible and sustainable development practices, prioritising groundwater protection and in minimising environmental impacts.

The Surat Basin is a crucial element of ADZ Energy’s growth strategy, with ongoing development and expansion plans designed to maximise resource value. 

Number of Licences

  • 6 Exploration Licenses (ATPs)
  • 12 Petroleum Licenses (PLs)
  • 2 Potential Commercial Areas (PCAs)

Interest

100% operator of all licences

Area

2,860 sq km

ACCC Gas Market Code Reporting Guidelines: Section 34 Reporting

The volume of uncontracted regulated gas that is likely to be available from ADZ Energy (Surat Basin) Pty Ltd in the 24-month period between 19 August 2024 and 19 August 2026 is published in the table below and is for the purposes of Section 34 of the Competition and Consumer (Gas Market Code) Regulations 2023.

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