Palm Valley
Introduction
The Palm Valley field is in one permit over a 100 kilometres west of Alice Springs in Australia’s Northern Territory. Gas is produced at low pressure and transported via flow lines to a production facility where it is compressed and dehydrated.
The gas is then supplied to the transmission pipeline and sold in the Northern Territory and east coast gas market. Gas was discovered at the Palm Valley 1 well in 1965 with the gas primarily reservoired in an extensive fracture system in the Lower Stairway Sandstone, Horn Valley Siltstone and Pacoota Sandstones at depths from 1,800 to 2,200 m. The anticlinal structure is approximately 29 kilometres long and 14 kilometres wide.
Permit Shareholders
Joint Venture Parties.
- Echelon:35%
- Cue Energy:15%
- Central Petroleum (Operator):50%
Interests post-acquisition*
Future Activities
Palm Valley Resources and Reserves
Latest News
New Zealand Oil & Gas Signs Gas Supply Agreement With Incitec Pivot
Posted on 22/12/2023
Amadeus Basin – Palm Valley And Dingo Field Reserves Upgrades
Posted on 27/07/2023