Oz Strike Takes Jaws-1 Project Forward
Australia’s Strike Energy said October 19 its Jaws-1 project wells in South Australia’s Cooper Basin have moved into gas production phase.
“As the Jaws wells have now reached their critical desorption window, Strike is very pleased to move into the gas production phase of the pilot. Jaws continues to perform in line with our expectations and the company is excited to be entering the next phase as Jaws progresses towards commercial success,” Strike’s managing director, Stuart Nicholls, said.
Strike said that over the past four weeks it has continued to slowly reduce well bore pressure while monitoring the coal seams response as the reservoir enters the critical desorption window. Water production rates of 750- 800 barrels/day have been maintained and gas release has continued to build in both the horizontal and vertical Jaws-1 well bores. Regular flaring of gas has occurred over the past fortnight and operations have now been set up for continuous gas release to the separator, it said.
The Jaws-1 project wells are located at the Southern Cooper Basin Gas Project (SCBGP) in PEL96. Strike is the operator with 66.67% interest while Energy World Corporation owns the rest 33.33%.
Strike has previously said it aims to achieve commercial gas flow rates of 50 TJ/d (1.34mn m3/d) from the project. In August the company said it has raised A$3 million ($2.22 million) through a share placement which it will use to support the Jaws-1 pilot testing program.