Otway Gas Plant continues to deliver! Production so far has been steady at around 193 TJ per day this July. Once two more offshore Thylacine wells are connected soon, production will increase farther to the rated capacity of 205 TJ per day. Way ahead of June quarter average of 130 TJ per day. Will also move the average realised gas price higher.
From the quarterly:
Successful connection of the Enterprise gas field to the Otway Gas Plant
- Average realised gas price up 6% to $10.3/G) from new Gas Sales Agreements and higher spot prices
- ~2 PJ (gross) sales gas production during first month since connection with rates up to 68 TJ/day (intraday)
- Otway Gas Plant operating reliably at higher rates; 130 TJ/day average sales gas in Q4 (Q3 FY24: 99 TJ/day)
Ann: FY24 Fourth Quarter Activities Report, page-12
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