A framework for the Next Generation of Onshore Oil and Natural Gas in Queensland has been released by Natural Resources and Mines Minister, Andrew Cripps containing 12 recommendations to be implemented by the Department of Natural Resources and Mines and other government bodies.
The framework charts the opportunities for developing the next generation of deep gas and oil projects in the state and has been compiled to ensure that the industry’s future expansion is successful, environmentally responsible and accepted by communities.
“Queensland is potentially rich in deep gas and oil resources and tapping these would build on the State Government’s commitment to growing the resources sector and creating more jobs for families in the regions,” Mr Cripps said in a statement.
“This industry has enormous potential to increase the state’s domestic and export gas supplies, while delivering the substantial economic benefits for Queensland that come from having a secure energy supply. That’s why encouraging the responsible development of the emerging deep gas and oil industry is an important part of the Newman Government’s ResourcesQ 30-year vision for the resources sector.”
The development of deep oil and natural gas resources in Queensland is set to unlock major economic benefits for the state.
“Queensland is fortunate to already have an effective, existing framework for oil and gas extraction that will also apply to deep gas and oil. However, this emerging industry must grow in a way that protects the environment and benefits our communities.”
The recommendations included in the framework are aimed at boosting geo-scientific knowledge of deep gas and oil reserves and informing landholders and communities about the emerging industry.
A recommendation regarding the development of a Cooper Basin Industry Development Strategy is also included in the framework.
“The Cooper Basin already has deep gas production on the South Australian side of the border, as well as a long history of conventional oil and gas development,” the Minister said.
“The Cooper Basin Industry Development Strategy will take a big-picture, long-term view of how all resource projects in this area can operate collaboratively in a way that’s best for the local community and economically viable.”
For more information, please go to http://www.dnrm.qld.gov.au/mining/deep-gas-oil-qld