https://www.miningweekly.com

Senex brings Western Surat wells on line

23rd October 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – ASX-listed Senex Energy has brought the first 30 appraisal wells on line as part of its Phase 2 investment in the Western Surat gas project, in Queensland.

The company in February this year announced that it would invest A$50-million in the 30-well drilling campaign to further its understanding of the resource.

Of the 30 wells in the Phase 2 programme, 24 have already been drilled, with the remainder to be completed in the coming months.

MD and CEO Ian Davies told shareholders on Monday that the company was confident of completing the Phase 2 programme on budget.

“We know that cost management is a key driver of value on the Western Surat gas project, and the Phase 2 work programme has provided us the opportunity to test and embed our processes ahead of a full field development.

“We are on track to achieve our cost target of A$1.2-million per installed well on this work programme, with Senex achieving excellent performance in partnership with its preferred suppliers.”

All 30 wells were expected to be in production by the end of the year, and Senex was expecting production from the Phase 2 wells to conform to the typical profile of coal seam gas wells, with dewatering to precede a steady increase in gas production rates.

The Western Surat gas project is expected to support up to 425 wells over its life.

Edited by Creamer Media Reporter

Comments

Latest News

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

Showroom

Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024
Resources Watch
Resources Watch
17th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.169 0.207s - 90pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: