According to The Australian Financial Review, an apparent gas strike by energy giant Shell deep underground in onshore Queensland has fuelled industry hopes of a potential major new source of energy that could ease the threat of shortages in the tight east coast market.
Flames from a well drilled by Shell in the Taroom Trough at the southern edge of the Bowen Basin have stoked speculation that the little-known region could emerge as a new supply source that lies much closer to pipeline infrastructure than the Northern Territory’s remote Beetaloo Basin. https://www.afr.com/companies/energy/shell-well-flare-in-qld-fires-up-east-coast-gas-hopes-20240909-p5k8ys
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