Vintage Energy confirms gas at Vali-2 in Queensland
Sydney-listed Vintage Energy on May 12 said Vali-2 logging data has confirmed gas in both Toolachee and Patchawarra formations.
“The Vali-2 well has more than met our expectations and highlights the multi-well field development potential at Vali, Vintage managing director Neil Gibbins said. “The identification and recovery of a gas sample from the Toolachee formation indicates the conventional upside we were hoping for and we anticipate a corresponding reserve booking for the formation and an increase in the overall Vali field reserves.”
Vintage, Metgasco and Bridgeport are partners in the Vali project that is located in Queensland s Cooper basin. Vali was discovered in the Cooper/Eromanga basin in January 2020, when a well encountered a gas pay in Nappamerri, Toolachee and Patchawarra formations.
Vintage Energy has provided an update on the Vali-2 appraisal well and the Odin-1 exploration well in the Cooper Basin. Vali-2 logging data confirms gas in both the Toolachee and Patchawarra formations. Vali gas field now has two cased and suspended wells for production purposes. SLR184 rig being mobilised to Odin-1 well location.
Vintage Energy Ltd (ASX:VEN) Operations Update
Operations UpdateMelbourne, April 20, 2021 AEST (ABN Newswire) - Vintage Energy Ltd (
ASX:VEN) is pleased to provide an update on activities relating to Nangwarry-1 in the onshore Otway Basin and the Vali gas field and Odin prospect in the Cooper Basin.
Otway Basin - PEL 155 (Vintage 50%, Otway Energy Pty Ltd 50% and operator)
Downhole gauges were set at 2,919 metres to record pressure data that will provide an updated volumetric estimate of the Nangwarry reservoir. These gauges are expected to be recovered this week, with data from the gauges to be analysed over the coming weeks. The current gross recoverable estimates for Nangwarry-1 carbon dioxide ( CO2 ) are: Low of 7.8 Bcf (3.9 Bcf net), Best of 25.1 Bcf (12.6 Bcf net), High of 82.1 Bcf (41.1 Bcf net) (refer ASX release dated 31 August 2020).
Vintage Energy Ltd (ASX:VEN) Nangwarry-1 Production Test Update
Nangwarry-1 Production Test UpdateMelbourne, April 7, 2021 AEST (ABN Newswire) - Vintage Energy Ltd (
ASX:VEN) is pleased to provide an update on production testing activities for Nangwarry-1 in the onshore Otway Basin.
- Continued strong CO2 gas flow from Top Pretty Hill Formation
- Measured flow rates well in excess of those required for production purposes
- Downhole gauges gathering pressure data over coming weeks
Neil Gibbins, Vintage Managing Director, said The production test of Nangwarry-1 continues to exceed expectations, with choked back flow rates of approximately 11 million standard cubic feet per day ( MMscfd ) observed during an extended flow period at a relatively stable wellhead pressure of 1,415 psi. The well also delivered rates as high as 22 MMscfd (from choke calculations) over shorter periods.
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