Ann: Glenaras Gas Project - Production Update, page-24

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kiwitrev

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23/09/18

09:59

Post #: 35780021
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Originally posted by OilGasPlanning ↑

The following post by mogey gives the latest update from Jemena.

21/09/1800:58:09Post #: 357401515

" Jemena is now working on a potential extension of the line eastwards past gas fields in the landlocked Galilee Basin and an expansion to open a path to market for vast resources of unconventional gas in the NT."

Am visiting Northern China at the moment and amongst other things am looking at the extent and pace of the change over to gas fired power generation.

The Glenaris pilot is testing the ability to extract gas from a single seam and uses more effective pumping technology.
It is easy to miss the fact that the need for workovers has not arisen.

This means the operation is not plagued by downtime as was the case with the previous pilots.

Refer to the CancordGenuity analysis.

The reports indicate that the wells are communicating and this should point to the ability to draw gas from an increasingly wide area as the Desorbtion zone increases.

The coals being tested in the Glenaris pilot are of exceptional CSG quality and have been compared to Fairview.

The problem was achieving Desorbtion pressure and there is every indication that the results of this pilot are towards the upper level of expectations.

Regards
OGP

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Here's Mongy post on CTP.
https://hotcopper.com.au/threads/ct...4415219/page-52?post_id=35740151#.W6bW0fZuI2w

GLL Price at posting: 71.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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Ann: Glenaras Gas Project - Production Update, page-24

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