CTP central petroleum limited

Owens Springs Power Station Upgrade, page-2

  1. 740 Posts.
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    Thanks @Ashentegra on the other thread, I think you may have helped answer my question.

    If we assume Pine Creek sources all it's gas from CTP, than a 26.6MW power generation requires 9.85PJ over 5 years = 1.97PJ/year.

    The first link in my post above notes the upgraded Owens Springs station will install 10 x 4.1MW gas generators = 41MW.

    Using a simple extrapolation and allowing a 10% efficiency improvement would equal:

    (41/26.6) x 90% x 1.97PJ = 2.73PJ per year.

    If we assume a gas sales price of $8-$10/GJ we could expect profits to be $2-$3/GJ, suggesting the Dingo field would now be bringing in combined revenue (after operation costs & tariffs) of:

    Column 1 Column 2 Column 3 Column 4
    0   PJ/Year $2/GJ $3/GJ
    1 Pine Creek 1.97   $ 3,940,000   $   5,910,000
    2 Owen Springs 2.73   $ 5,460,000   $   8,190,000
    3 TOTAL 4.7 $ 9,400,000 $ 14,100,000

    Happy to be corrected if my figures above are incorrect...
 
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