Hi OGPWhat are your thoughts as far as timing of first gas is...

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Ashes86

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20/08/19

08:42

Post #: 40049827
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Originally posted by OilGasPlanning: ↑

Another Jemena Pipeline update from the Katherine Times 02/08/2019

https://www.katherinetimes.com.au/story/6306568/jemena-signs-deal-to-build-galilee-basin-pipeline/?cs=1459

The proposed pipeline will span 585km to connect gas from Galilee Energy Glenaras Gas Project near Longreach to Jemena's Queensland Gas Pipeline near Injune, north of Roma.

The $600 million project will also include two compressor stations, two mainline valves, and two scraper stations.

The announcement comes 18 months after Jemena signed a memorandum of understanding with Galilee Energy to fast-track the delivery of gas from the Galilee Basin to the east-coast domestic market.

Jemena's Executive General Manager of Gas Markets, Antoon Boey, said the pipeline would initially transport 200 terajoules of gas a day, although it may be designed with a larger diameter to accommodate greater future volumes.

My Take on the Revised Glenaras Pilot (DYOR)

We are concentrating on about half the area with 5 effective pumps.

Production well 14L boxed in and the system boils down to a 2 stage depressurisation system.

Initial report indicates that it is performing accordingly.

I have done a timeline on the previous pilot and taken a wild guess at the time to reach desorption pressure based on half the time for

Given that we are working with a much better drainage system that before, reaching desorption is a pretty well a given as are gas flows.

My tale is that the new pilot configuration will speed up reserve certification to match the Jemena timeline for potential FID

FYI

The more detailed Rout for the Galilee Gas Pipeline.

Regards

OGP

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Hi OGP

What are your thoughts as far as timing of first gas is concerned at the current time?

Would i be correct to think the most recent update re drawdown (>6000 BPWD) was greater than anything achieved in the the previous trial?

I see GLL are releasing fortnightly updates, which i think is a nice touch - that being the case next one would be due mid next week.

Wondering if we will be advised of first gas at that time (hopefully), or even before hand.

Cheers

Last edited by Ashes86: 20/08/19

GLL Price at posting: $1.09 Sentiment: Buy Disclosure: Held
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