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Australia’s First Commercial Shale Gas Launched

Australia on Friday reached a historical milestone as oil and gas company Santos Ltd launched the country's first commercial shale gas well in South Australia's Cooper Basin.

James Baulderstone, Santos' vice president of Eastern Australia, said the company's Moomba-191 shale well had begun production and that its output had been connected to the eastern states' gas grid.

It is flowing natural gas at a stabilised rate of 2.7 mmscf/d from the Roseneath, Epsilon and Murteree shale targets, the company added.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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