Vintage to begin supplying gas from Queensland's Vali field in January
ASX-listed Vintage Energy on December 21 said that site works at the Vali gas field in Queensland have progressed consistent with the schedule for the first gas from the field in January 2023.
Vintage is the operator of the Vali field in ATP 2021 with 50% interest. Other interest holders are Metgasco and Bridgeport.
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The Vali gas field, discovered by the joint venture in 2020, is being connected to the South Australian Cooper Basin gas gathering infrastructure to supply eastern Australia from January 2023. Vali has been independently certified as having proved and probable gas reserves of 101 petajoules (PJ) (Vintage share 50.5 PJ).
The joint venture has contracted to supply an estimated 9 PJ to 16 PJ gas to AGL from field start-up to end-2026.
The Vali gas project involves the installation of separation and metering and facilities at the Vali field, the installation of flowlines connecting the field's three completed wells and twin export gas pipelines from the field to tie in to the Moomba gas gathering network at the Beckler gas field.
The wells are to be connected and brought online progressively, commencing with Vali-1 in January 2023 and Vali-2 and Vali-3 in February 2023.
Regarding progress at the Odin gas field, Vintage said that the joint venture is working to connect the Odin-1 gas well to the Vali facilities so the supply of gas from the field may commence in the third quarter of 2023.
The Odin-1 gas discovery was made in 2021. The field has been independently certified as holding 2C contingent resource of 40 PJ gross, (Vintage share 19 PJ).