MOS 0.00% 16.5¢ mosaic oil nl

have now found the info.The UGS project that MOS is developing...

  1. 6,942 Posts.
    lightbulb Created with Sketch. 746
    have now found the info.

    The UGS project that MOS is developing swill hold about 75pj of gas.

    This is almost enough gas to feed an LNG Train for a year!

    refer Arrow release 16 April 2009:
    "The project is expected to produce up to 1.5 million tonnes per annum (mtpa) from the first train and consume approximately 90 petajoules of gas per annum for a 12-year period. A second LNG train of similar capacity is also planned."

    So this is why CSG coys will be vitally interested in this project - as they have to do something with their gas during the ramp-up phase.
    Evidently, when they dewater the wells, and get gas flows to build-up, you cannot turnoff the flow valves, because it damages the wells and/or they don't return to their pervious flows ( and I guess it allows the water to build up again in the wells).

    SO having a UGS faciltiy would allow the CSG coys to retain their valuable gas product.

    cheers
 
watchlist Created with Sketch. Add MOS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.