Real Energy Gets Queensland Pipe Licence

Queensland government has awarded a pipeline licence to Cooper Basin focused gas explorer Real Energy, the company said June 25.

Real can now operate the pipeline between its Tamarama producing wells located in ATP927 permit in Cooper Basin and the mount Howitt facility operated by Santos. The pipeline licence is for a term of 30 years and can be renewed as required, Real said.

The gas pipeline will allow raw gas to be produced and transported firstly to the Mount Howitt facility and then into the gas processing and transport infrastructure owned by Santos and Beach Energy.

Real Energy executed a gas processing and transporting agreement with Santos and Beach Energy last year. 

Real believes that these agreements, together with this pipeline licence, now allow for the potential commercialisation of gas from the three Tamarama gas wells, and indeed future wells, at Real Energy’s 100%-owned Windorah gas project.

“Securing this permit is a critical step forward for Real Energy and provides a pathway to commercialise our significant gas resource,” managing director Scott Brown said. “It essentially means we can commence construction of the pipeline. This permit greatly assists gas offtake negotiations and our ongoing discussions with debt financiers for pipeline construction.”