Galilee gas industry
The two leading coal seam gas (CSG) companies exploring the Galilee Basin
in central western Queensland are AGL
and Comet Ridge.
AGL - ASX code "AGK"
have a five-well CSG production pilot program
on the Gowing family's
Glenaras Station, north of Ilfracombe. $50 million has
already been spent by AGL with more work to do to assess the
extent of gas reserves.
AGL acknowledge the coal seam formations and
aquifers were close, but say they are "sufficiently separated".
AGL have completed an underground water
impact report, have an ongoing bore monitoring program,
and are conducting an irrigation trial of saltbush with
the saline CSG "produced water" from the
Comet Ridge have three
exploration permits in the Galilee Basin north east of
Aramac. The Comet Ridge ASX
code is COI
Comet Ridge have drilled a small
number of test wells to obtain
data on methane flow rates and permeability.
The company says the
coal seams and aquifers are separated by a 300 metre
band of impervious mudstone (Rewan Formation).
Comet Ridge have
collected water samples and
completed a bore assessment
plan. Work has begun on their underground water
impact report, expected to be completed by the end of
Comet Ridge are about
one year behind AGL in developing their CSG pilot
program in the Galilee Basin.
For the latest information on these two CSG pilot
projects in the Galilee Basin, visit
AGL's website or
Comet Ridge's website.
Queensland Gasfields Commission
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