Geological Survey of Queensland...Geological Survey of Queensland An overview of state and federal...
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Geological Survey of Queensland
An overview of state and federal petroleum geoscience initiatives
June 2016
Tony Knight
Chief Government Geologist
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State & federal petroleum geoscience initiatives
Relationship to GSQ business drivers
Investment Attraction
Prospectivity
Promotion
Partnership
People
Performance
Protection
State & federal collaboration:
• Prospectivity
• Promotion
• Partnership
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• Dept of Industry, Innovation and
Science (DIIS)
Industry Growth Centres
• COAG Energy Council
• Australian Competition and Consumer
Commission
State & federal petroleum geoscience initiatives
Federal initiatives – key agencies
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State & federal petroleum geoscience initiatives
DIIS - Domestic Gas Strategy
• Unconventional gas focus
• Identifies 9 key activities promoted by
federal government, with expectation for
state support
• Focus areas – technical, economic,
regulatory reform, social , environmental
• Geoscience focus area
“Improving access to geo-scientific
precompetitive data to understand
our resources and attract
investment”
• Delivery through Geoscience Australia
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State & federal petroleum geoscience initiatives
DIIS - Geoscience Australia
Basin studies• Unconventional gas prospectivity of
the Cooper Basin
• Comprehensive data compilations on
all Queensland basins
Information portal• Links to all Australian State & Territory
geoscience agency websites
Lead agency to deliver Exploring
for the Future
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May Federal Budget
announcement for $100.5M
over 4 years
Focus areas
• Energy (petroleum)
• Minerals
• Groundwater
Petroleum $28M
Qld energy activities
• South Nicholson Basin
• Seismic – 2018/19
• Drilling – 2019/20
State & federal petroleum geoscience initiatives
DIIS - Exploring for the Future
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State & federal petroleum geoscience initiatives
DIIS - Industry Growth Centres
• $248M funding over 4 years (2015/16 – 2018/19)
• Six industry sector focus areas, 2 relevant to petroleum
Oil, Gas & Energy Resources – delivered though National Energy
Resources Australia (NERA) – based in Perth
Mining Equipment, Technology & Services – delivered through METS
Ignited – based at QUT Brisbane
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Council of Australian Governments
• Peak intergovernmental forum in Australia
• Includes 8 councils, Energy Council relevant
Strategic priorities
• Land access and community engagement
• Gas resources development
• Regulatory efficiencies
• Geoscience and resources investment
• Research, technologies and innovation
Government Geoscience Information
Committee
• Strategic and technical direction on geoscience
information, overseen by Geoscience w/group
State & federal petroleum geoscience initiatives
COAG Energy Council
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State & federal petroleum geoscience initiatives
COAG - Upstream Petroleum Resources working group
Established to address national priorities • upstream petroleum administration & regulation
• issues impacting on investment - land access,
community, infrastructure and labour
Gas resource strategy development
Sub-committees • Petroleum data consultative group
Annual report on unconventional gas industry
(2013, 2014, 2015)
• Petroleum, Geothermal & Gas Storage Registrars’
Forum
• Resource Royalties Network
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State & federal petroleum geoscience initiatives
COAG Energy Council (cont.)
Gas Supply Strategy – key opportunities
• “Improving information on gas reserves and
production potential”
• “Improving public availability and accessibility of
rigorous science and factual information”
• “Consideration of leading practice regulatory
frameworks that effectively manage the risks
and address issues”
• “Supporting leading practices in industry”
Gas Supply Strategy Implementation Plan• Industry consultation in progress
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State & federal petroleum geoscience initiatives
COAG Energy Council (cont.)
Promotion
• Joint national and state collaboration to promote petroleum potential
• Work cooperatively as Australia Petroleum
• Attend major events – e.g NAPE (Houston, U.S)
• Coordination with Austrade
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State & federal petroleum geoscience initiatives
ACCC East Coast Gas Inquiry
• An inquiry into east coast natural gas
markets, reported April 2016
• Considered a wide range of factors
influencing gas supply and market
dynamics
• 13 recommendations, two relevant to
geoscience (Rec 6 & 7) Reporting of reserves on standard price
assumptions, and reporting of resources
Data reporting to be standardised &
shared “Improved price information would
promote competitive bargaining”
“There is a lack of transparency
around reporting of reserves and
resources in the east coast gas
market”
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State & federal petroleum geoscience initiatives
State geoscience – future directions
• Prospectivity
Queensland exploration strategy
Alignment to ‘Gas supply and demand
action plan’
Exploration – regional surveys, analysis &
collaborative programs
Support federal 'Exploring for the future’
program
Geoscience data optimisation
Annual Exploration Plan – land release
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State & federal petroleum geoscience initiatives
State geoscience – future directions (cont.)
• Promotion
Investment attraction strategy
Australia Petroleum
Resources investment Commissioner
Ministerial visits
• Partnership
Industry
NERA
Geoscience Australia
Research institutions
• Reform
Tenure reform project
Industry reporting reform project
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Manage data
• Standards
• Technology
• Integration
• Continuous
improvement
Acquire data
• Industry
• State
• Federal
Promote Queensland’s prospectivity
Cumulative value
Apply data
Identify prospective land
• Regional geological
• Basin prospectivity
• Formation plays
Protect prospective land
• Key resource areas
Sponsor and fund new exploration• Collaborative Exploration Initiative
• Industry Priority Initiative
Provide geoscience data
Stewardship of the State’s mineral and energy resources for the benefit of all Queenslanders
Core data and information services Industry enhancement services
State & federal petroleum geoscience initiatives
GSQ value stream