Galilee Okays Pump Optimisation Scheme
Sydney-listed Galilee Energy has sanctioned a pump optimisation programme at its Glenaras project in Queensland, it said on February 25. It is targeting an increase of over 30% in total current water production, in order to accelerate gas output.
This programme will involve installing larger pumps in the vertical wells to increase water rates by fully drawing down the wells. The estimated cost of the programme is A$2.5mn (US$2mn) and it will start in the second half of March.
Advertisement: The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business. |
“The Schlumberger reservoir modelling indicated that a significant acceleration in gas rates would be achievable by increasing the water production rates from the vertical wells,” it said. “To accelerate the process of achieving commercial gas production, the decision has been made to implement workovers in six of the vertical wells to optimise the production performance in these wells.”
Meanwhile, Galilee said it is continuing to progress pre-development planning in accordance with its memoranda of understanding with Clarke Energy and Sunshot as well as holding new discussions with other companies regarding the commercialisation of early gas production.
The Glenaras gas project is located in ATP 2019, which is 100% owned and operated by Galilee. The permit covers an area of approximately 3,200 km2.