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Taroom Trough Oil Extraction Project

Sector: Oil and Gas • Location: Roma, Queensland, Australia

Source: Observer Voice

Project
Exploration Underway

The project involves exploration and potential extraction of oil from the Taroom Trough, a geological formation near the town of Roma in Queensland, Australia. The state government supports this project to enhance domestic fuel security by reducing dependence on imports. Extraction would require hydraulic fracturing (fracking) due to the oil being trapped in tight rock formations 3-4 km undergroun

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Project Information

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The project “Taroom Trough Oil Extraction Project” is an infrastructure initiative in the Oil and Gas sector, located in Roma, Queensland, Australia. Taiyo aggregates data on it from Observer Voice.

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Participants

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exploration underway

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Description

Description

The project involves exploration and potential extraction of oil from the Taroom Trough, a geological formation near the town of Roma in Queensland, Australia. The state government supports this project to enhance domestic fuel security by reducing dependence on imports. Extraction would require hydraulic fracturing (fracking) due to the oil being trapped in tight rock formations 3-4 km underground. The project is in the exploration phase with companies like Beach Energy, Omega Oil and Gas, Elixir, and Shell involved, with Shell operating a pilot project supplying 200 barrels a day to a small refinery.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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