Timetanium supported Senex Energy’s 60PJ program, a A$1 billion expansion of natural gas production in Queensland’s Surat Basin involving 120+ wells and complex supporting infrastructure. The project required disciplined commercial control, realistic forecasting and strong procurement decision-making within a regulated, environmentally sensitive environment. Timetanium embedded early to strengthen financial governance, implement dynamic risk allowances and maintain a live cost risk register. This improved cost certainty, increased financial transparency, and supported confident capital decisions across drilling, stakeholder engagement and construction.
With a large capital envelope and extensive multiphase scope, the program demanded strong alignment between budgets, procurement strategy and evolving project risks. The combination of drilling activity, infrastructure delivery and stakeholder and environmental requirements increased uncertainty and created potential for cost drift if controls were not robust. Senex needed clearer, risk-informed forecasting and commercial discipline to support capital decision-making and protect delivery confidence. Strengthening reporting transparency and ensuring cost exposure remained visible throughout changing conditions was critical to maintaining governance assurance and project momentum.
Timetanium joined the program early to align project strategy, risk drivers and cost forecasting from the outset. We implemented a structured, collaborative controls cadence that incorporated dynamic risk allowances and a live cost risk register, allowing emerging exposures to be identified and managed proactively. We supported procurement decision-making through workshops, benchmarking and strengthened contract evaluation inputs. Clear, consistent reporting improved executive visibility and governance confidence. This approach factored in known risks, clarifying financial planning and improved cost certainty across multiple delivery streams and project phases.
Timetanium’s cost management approach delivered disciplined financial control across phases and improved the accuracy and credibility of cost forecasting. By strengthening procurement evaluation, risk management and reporting transparency, we supported better commercial decisions and improved confidence in budget alignment as conditions evolved. The result was enhanced governance oversight and clearer visibility of cost exposure across drilling, stakeholder engagement and construction activities. With rigorous benchmarking and a proactive risk framework, Timetanium helped enable over A$1 billion in capital delivery while supporting environmental requirements and sustained confidence in program outcomes.
