Auto, you know more about this than I, but doesn't the over-pressure in our leases give us a huge advantage in terms of maximizing the gas extracted for the cost of each well sunk?
From page 12 of the Beach annual report....
"We knew that the shale packages extended over an area of several thousand square kilometers; that they were thick, with a high organic content and thermally mature. Even more compelling was the knowledge that they are over-pressured - a situation that results when more gas has been generated than can escape from the formations, so that subsurface pressure is significantly greater than would normally be encountered. The pressure gradients we have measured approach those of the prolific "core" region of the Haynesville Shale in the USA, where over-pressuring and thicker shales favor greater flow rates and more volumes of gas per well than on the flanks."
For an operator of a long life asset like an LNG plant, securing more efficient gas production would presumably be a complete no brained to my way of thinking.
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