Longtom production shut (Australia)

Australia’s Nexus Energy Limited (Nexus) advises that production at the Longtom gas processing facility has been halted overnight.

“Nexus and Santos Limited are currently investigating the cause of the suspension. Nexus will update the market in due course,” the company said in a statement.
The Longtom gas field is located in Production Licence VIC/L29 within the Gippsland Basin, offshore Victoria, Australia. Nexus is the operator of the Longtom gas project.

On 14 May 2013 Nexus announced that it had reached a binding agreement with Santos to amend the Longtom Gas Sales Agreement.  These include Nexus obtaining funding for the required work program to satisfy the supply requirements and Santos confirmation of the capacity to accommodate Longtom-5 into the existing subsea infrastructure. Consistent with the amended production profile, Nexus plans to drill the Longtom-5 well in late 2014, with increased deliveries to Santos under an accelerated production profile from early 2015.

 

 

February 21, 2014

 

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