Waylering flow rates could be more than the amount mentioned in...

Waylering flow rates could be more than the amount mentioned in announcements of 30 TJ/d TT2000 has calculated a possible 40 TJ/d overall and that even that could be conservative.

How long does it take to build the processing plant?

• The APA plant for COE produces 50 TJ/d (nameplate 68). It took from April 2018 to March 2020 (all pre covid) to build; that was after FID, detail design and contractor selection.
• SXY took a different approach and built modular units which expanded as production expanded.

Waylering has cleaner gas at good native pressures so no scrubbers or compressors, but it does have lovely condensate to be removed.
Either way, these facilities take a while to build. With every step being pushed back I would say we can optimistically book maiden revenue in Q2 2023?
Rate my optimism.

Value of the field?
For a very rough comparison, SXY has revenue of $140m with $60m EBITDA and mkt cap of $880m = 14x.
Waylering could produce (40 *5*365*.55) = $40m which would equate to $560m cf current mkt cap of $630m.
Yes I realise SXY is expanding and Waylering has static production. but my point is that there is a huge jump in market perception between an explorer and a producer. Which all goes to show how important Waylering is to STX prospects.
Time is valuable. Don't wait to start building after W6, start after flow test of W5.