From what Ive read, AWE near term are targeting 10TJ per day from two wells with around $18m capex for pipework into the DBNGP (Waitsia)
EGO are delivering just short of 10TJ per day to Alcoa from RG1. (Red Gully)
Every field has different characteristics but obviously, the more gas obtained from each well the less wells and thus capex is required to connect for distribution. Using the above info as a guide, I would think that around 5TJ per day from each well would sit comfortably in the commercial realm. Of course, the reserves need to be there for long term continuity of delivery.
PS: 1mmcf roughly equal to 1.055 TJ
TSV Price at posting:
3.6¢ Sentiment: None Disclosure: Not Held
