Galilee Starts up All Wells at Oz Glenaras Project
Jan 13, 2021 6:15:am
Summary
by: Shardul Sharma
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Galilee Starts up All Wells at Oz Glenaras Project
Australian gas explorer Galilee Energy on January 13 said it has commissioned all six new vertical wells at Glenaras pilot project in Queensland on time and under budget.
“Each of the six new vertical wells at the pilot is now on continuous production and the total water rate from the full pilot is 14,500 barrels/day,” it said. “Water rates from the lateral wells have declined a further 20% since the first of the new wells was commissioned and this production decline is a clear indication of pressure depletion in the central area of the pilot.”
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Wood Mackenzie’s Australasian upstream 2021 outlook report shows at least US$11 billion of gas projects poised for FID in 2021.
With LNG backfill as the focus, these projects include three upstream FIDs – Mitsui’s Waitsia, Santos’ Barossa and Woodside’s Scarborough – and the AIE Port Kembla LNG import terminal which will supply the East Coast market.
Wood Mackenzie senior analyst Daniel Toleman said: “After doing everything possible to tighten belts this year, Australian operators will open their wallets and start spending. The backlog of FIDs will begin to clear as a fresh round of projects are sanctioned. But for this to occur, there has to be continuing improvement in the macro-environment and prices trending up.”
Australia: Galilee Energy announces update on Glenaras gas project
13 Dec 2020
All six new vertical wells have been successfully completed with downhole pumps. Glenaras 21 and 22 have been commissioned last week and are now on continuous production.
Glenaras 19, 20 and 23 are on continuous production and performing strongly.
Excellent water rates in excess of 7,650 BWPD (barrels of water per day) in aggregate from the five new vertical wells brought online.
Direct communication already observed between these new vertical wells and the existing lateral wells.
All five lateral wells still on full production, with water rates declining on these wells and gas rates steady.
Total Pilot water production of 13,200 BWPD.
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