In 2016, AGL announced that exploration and development of upstream gas assets will no longer be a core business for the company due to the volatility of commodity prices and long development lead times.
How AGL decommissions coal seam gas wells
Since early 2016, we've completed the extensive decommissioning and rehabilitation program for our wells and infrastructure in the Gloucester region. We're also progressively decommissioning wells and rehabilitating sites at the Camden Gas Project prior to ceasing production in 2023.
The decommissioning of coal seam gas wells is done in line with the NSW Government's Code of Practice for Coal Seam Gas to ensure that it is completed safely without risks to health or the environment.