Page 11 - AsianOil Week 37 2021
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Vintage books major gas resource increase
PROJECTS & AUSTRALIAN junior Vintage Energy has The developer noted this week that exten-
COMPANIES booked a 190% increase to the material sive gas shows were encountered in sandstones
natural gas resource at its Odin field in the through the primary target Toolachee and
Cooper Basin. Patchawarra formations, as well as a basal sand
The developer said ERC Equipoise (ERCE) in the Epsilon Formation.
had independently certified 36.4bn cubic feet Vintage expects first production will likely
(1.03bn cubic metres) of gross 2C contingent come from Toolachee, which has better res-
resources in the field’s Toolachee, Epsilon, ervoir quality than Patchawarra and is only
Patchawarra and Tirrawarra formations. Vin- expected to require perforation in order to
tage noted, however, that the majority of the produce.
resource was located in the Toolachee and Given that Patchawarra would have
Patchawarra formations. required fracture stimulation for flow testing
Vintage managing director Neil Gibbins said: and production, Vintage noted that it would
“The material booking of contingent resources be able to defer some its capital expenditure
for the Odin gas field, an increase of almost 190% by focusing on Toolachee.
on the pre-drill prospective resources, is an out- The company has also sent updated infor-
standing result.” mation from the Vali-2 and Vali-3 drilling cam-
Odin field straddles PRL 211 and ATP 2021, paign in the Vali field to ERCE to update their
which are both operated by Vintage with a 42.5% review of the acreage’s reserves. It is currently in
and 50% interest respectively. Both Metgasco advanced talks with third parties regarding pre-
and Bridgeport each own 21.25% of PRL 211 sales of gas from Vali as well as pipeline infra-
and 25% of ATP 2021, while Impress holds the structure finance.
remaining 15% of PRL 211. Gibbins said: “The Odin and Vali gas fields
Vintage announced an extensive gas discov- combined constitute a sizeable and potentially
ery via the Odin-1 exploration well on May 31. scalable Cooper Basin gas province that we
The well, which was drilled with the Schlum- believe will supply significant quantities of gas
berger SLR184 rig, reached total depth at 3,140 to the East Coast of Australia for at least the next
metres on May 26. 20 years.”
Santos awards Dorado subsea FEED contract
PROJECTS & AUSTRALIAN independent Santos has third engineering, procurement and construc-
COMPANIES awarded the subsea front-end engineering and tion (EPC) project in collaboration with Altera,
development (FEED) contract for the Dorado following the successful delivery of FPSO Pio-
oilfield development to services provider Atteris. neiro de Libra and FPSO Petrojarl Cidade de
Atteris said on September 13 that the design Itajai in 2017 and 2012 respectively.
work would include flow assurance definition In addition to last month’s FPSO contract
and design of the subsea system connecting the award, Sapura also awarded the field’s wellhead
wellhead platform to the floating production, platform (WHP) contract to Sapura Energy.
storage and offloading (FPSO) vessel. This will The FEED contracts form the first of two
include the flexible flowlines, dynamic risers and development stages. The initial phase will see
a mid-water arch structure. the WHP and FPSO produce around 75,000-
The service provider conducted the pre- 100,000 barrels per day (bpd) of oil and con-
FEED work at the field, which is located within densate, with gas to be reinjected to enhance
the shallow waters of Western Australia’s Bedout recovery. A second phase will later see gas pro-
Sub-basin, in 2020. duction used to backfill Santos’ domestic gas
The award comes just days after Singapore’s infrastructure in WA.
Sembcorp Marine announced that it had won an Santos managing director and CEO Kevin
exclusive contract from Altera Infrastructure to Gallagher said the WHP contract award was the
undertake the FEED work for Dorado’s FPSO. project’s “last significant commitment” ahead of
Santos awarded the FPSO contract to Altera in an anticipated final investment decision (FID) in
August. mid-2022. The developer pushed the FID back
Sembcorp said on September 10 that its from the first half of 2021 because of the corona-
wholly owned subsidiary Sembcorp Marine Rigs virus (COVID-19) pandemic.
& Floaters was expected to complete the work Santos operates the Dorado project with an
by the second quarter of 2022. The Singaporean 80% interest, with Carnarvon Petroleum hold-
service provider noted that this was the group’s ing the remainder.
Week 37 16•September•2021 www. NEWSBASE .com P11
