Thanks Arkie for your info.Tight Gas has a bright future in...

Thanks Arkie for your info.

Tight Gas has a bright future in Australia (including TSV). Patience is often well rewarded.

An Overview Of Tight Gas Resources In Australia

The future for australian energy
Current state of play in Australia
Perth Basin
Western Australia’s onshore Perth Basin has several tight gas reservoirs that may contain an estimated cumulative gas-in-place resource of about 10 Tscf (DoIR, 2008). The three most advanced tight gas plays are the Whicher Range in the south Perth Basin and the Warro and Gingin fields in the north Perth Basin. All these fields are in close proximity to existing pipelines and within about 200 km of Perth. .... At the time of writing, the most advanced project in WA is the Warro field, in the northern Perth Basin where the testing (after fracing) of the first tight gas well being drilled by Latent Petroleum (Warro-3) has resulted in initial flow rates of 2.1 MMcf of gas per day and 1565 bbl of frac fluids per day (12 May 2009). After further flow testing, the gas flow rate then increased to 2.3 MMcf of gas per day and the frac fluids decreased to 750 bblpd (18 May 2009). The company, in partnership with Alcoa and Transerv Energy, is planning to drill more than 200 wells in this tight gas field which, by some estimates, could hold up to 7.5 Tcf of gas initially in place (GIIP) (Figure 4). ……..

On page 98 Fig. 8. 'Australian sedimentary basins showing areas of known and potential tight gas regions'. (Warro and Gingin fields are known tight gas fields)

Full report:
http://www.pesa.com.au/publications/pesa_news/june_july_09/images/pn100_95-100.pdf

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