Territory Stories

Debates Day 3 - Thursday 13 February 2014

Details:

Title

Debates Day 3 - Thursday 13 February 2014

Other title

Parliamentary Record 10

Collection

Debates for 12th Assembly 2012 - 2016; ParliamentNT; Parliamentary Record; 12th Assembly 2012 - 2016

Date

2014-02-13

Notes

Made available by the Legislative Assembly of the Northern Territory

Language

English

Subject

Debates

Publisher name

Hansard Office

Place of publication

Darwin

File type

application/pdf

Use

Attribution International 4.0 (CC BY 4.0)

Copyright owner

Legislative Assembly of the Northern Territory

License

https://creativecommons.org/licenses/by/4.0/

Parent handle

http://hdl.handle.net/10070/268322

Citation address

https://hdl.handle.net/10070/438521

Page content

DEBATES Thursday 13 February 2014 3399 consumption, both within the Territory and for export. The development of the Energy Directorate is essential for the strategic development of the Northern Territorys considerable natural gas resources, in order to meet the market demands of the future. A particular focus is the potential for energy infrastructure to be linked to regional areas to provide supply options for existing and new developments. Secondly, under the governments Creating Opportunities for Resource Exploration (CORE) initiative, we are committed to ensuring the Territory has an investment-friendly environment with a wealth of geological information to decrease the risk for exploration. Within my department the NT Geological Survey has dedicated programs under the CORE initiative to improve understanding of the Territorys onshore petroleum resources and potential and provide industry with pre-competitive geological data and interpretations to attract investment in gas exploration. The Geological Survey team will soon release a publication summarising the current understanding of the Territory onshore petroleum geology and potential. This team is also commencing a major program of geoscience data acquisition and resource assessment in the McArthur and Amadeus Basins that will underpin energy policy development and promote the gas potential of these basins to the global industry. By December 2013, the Northern Territory had 55 granted exploration permits, with 136 petroleum exploration permit applications at various stages of assessment. There are also four retention licences and two production licences, with two more production licence applications currently being assessed. In 2013, exploration companies completed approximately 4181 line kilometres of seismic survey, and 11 wells were drilled, with eight of these being service hole section drills and three complete production wells. This is a substantial increase in hydrocarbon exploration activity in the Northern Territory. Other highlights from last years exploration activity include: Santos, which operates the Mereenie field southwest of Alice Springs, is assessing the next stage of production and is currently working through its appraisal and development drilling project to progress conventional oil resources Armour Energy drilled two wells in its exploration permits within the McArthur Basin. One of these wells, Lamont Pass 3, discovered oil and also has gas shows. Armour is now planning its 2014 exploration program to further appraise the oil and gas discovery so far within its McArthur Basin permits Central Petroleum is now finalising its field appraisal and development plans for the Surprise Field within EP115. In December last year it announced it had an agreement with the Central Land Council to enter into a production agreement for the development of the Surprise discovery in the Amadeus Basin, subject to receiving all requisite approvals required under the Aboriginal Land Rights Act Magellan Petroleum has submitted an application for a production licence over the Dingo gas field within its current retention licence. Magellan Petroleum is planning to develop the gas field and produce gas that will supply the Owen Springs Power Station which supplies electricity to Alice Springs ... Madam SPEAKER: Minister, it is midday. Finish after luncheon suspension. Debate suspended. SUSPENSION OF STANDING ORDERS Refer Power and Water Bills to a Committee Mr WOOD (Nelson): Madam Speaker, pursuant to Standing Order 306, I move that so much of standing orders be suspended as would prevent me from moving a motion that the Power and Water Corporation Legislation Amendment Bill 2014 (Serial 63), the Power Generation Corporation Bill 2014 (Serial 64), and the Power Retail Corporation Bill 2014 (Serial 65), introduced today by the Treasurer, be referred by this Assembly to either the Public Accounts Committee or the Committee on the Northern Territorys Energy Future for consideration, and report back to the Assembly. The suspension of standing orders would allow me a chance to show why this legislation should go to the Public Accounts Committee or the Territorys Energy Future committee, a committee which is dealing with electricity supply in the Northern Territory. It will allow me a chance to tell the government the time set aside between this sittings and the next is inadequate to fully scrutinise this bill; allow adequate time for the public, especially workers in PWC, to have a say about this new legislation; allow time for independent experts to give their views on this legislation, which is extremely important; allow time to highlight how this process is done in other states; and allow time for discussion of the benefits to parliament in sending this to a committee. I quote from the Queensland government website: