Page 17 - AsianOil Week 17 2022

AsianOil NEWS IN BRIEF AsianOil

following drilling update and announce that
the Silver City Rig 23 has completed drilling
the first well of this year’s programme.
Glenaras 24 was the first well of the
2022 vertical programme which includes
the drilling, completing, connecting, and
powering of an additional 5 vertical wells
(Figure 1). Glenaras 24 was drilled to a total
depth of 1,057 metres. The well intersected all
coal seams on prognosis with a total of 26m
net coal intersected. On intersection the coals
encouragingly displayed gassy behaviour.
Additionally, the well had 3+bbl/hr of fluid
JERA is working to develop zero-emission of all regulatory approvals. losses which is indicative of a permeable,
thermal power generation plants and to Cash proceeds to Santos at completion depleted reservoir section and consistent with
establish a large-scale supply chain for were US$327 million. the other good producing wells in the field.
hydrogen and ammonia. The Barossa gas and condensate project to GALILEE ENERGY, April 27, 2022
The MoU stipulates that JERA and EGCO backfill Darwin LNG was 33% complete at the
will discuss the possibility of collaboration in end of March and remains on schedule and Triangle and Pilot sign
order to develop LNG value-chain projects budget for first production in the first half of
and establish a large-scale supply chain for 2025. binding term sheet for re-
hydrogen and ammonia. Participants in the Barossa project are
JERA has contributed to a stable supply of Santos (50% and operator), SK E&S (37.5%) alignment of interests in
energy in Thailand as a shareholder with an and JERA (12.5%).
approximately 12% stake in EGCO through SANTOS, April 29, 2022 WA-31-L Cliff Head Joint
TEPDIA Generating. In Thailand, where
energy demand is expected to continue to Mahalo North pilot gas Venture
increase in line with economic growth, JERA
believes that pursuing business opportunities production steadily Pilot Energy and Triangle Energy are pleased
to develop LNG value-chain projects and to announce that they have reached agreement
to establish hydrogen and ammonia supply increasing on the key principles to restructure the
chains together with EGCO based on this existing joint venture ownership arrangements
MoU will enable it to contribute to expanding Comet Ridge is pleased to advise that the for the Cliff Head Joint Venture (CHJV) and
its earnings base, improving the reliability of Mahalo North pilot production scheme, the proposed Cliff Head carbon capture and
its supply of LNG and next-generation fuels, which has been flowing through a production storage project (CH CCS project).
and securing economic efficiency. separator for the past few weeks, is delivering As noted in Pilot’s ASX announcement of
Leveraging its long experience in the LNG a steadily increasing flow of gas. 28 March 2022, Pilot has been undertaking
value-chain business, JERA will follow the Dewatering of the coal continues with feasibility studies into the potential for carbon
decarbonisation roadmaps it is drawing up for the well maintaining a consistent water capture and storage and blue hydrogen
each country and region as it strives to expand production rate of approximately 800 production focussed on the Cliff Head oil
the adoption of LNG – a transitional fuel barrels of water per day, with gas production field, which have confirmed a significant CCS
indispensable for achieving decarbonisation. improving as reservoir pressure is reduced. resource in WA-31-L.
In order to achieve its “JERA Zero CO2 Comet Ridge Managing Director, Tor The binding Cliff Head re-alignment term
Emissions 2050” objective, JERA will continue McCaul said that he was very happy with the sheet paves the way for Pilot and Triangle
to work with leading companies in Japan progress of the test. “The well has performed to progress an application to the National
and overseas to establish and expand supply strongly from the commencement of testing Offshore Petroleum Titles Administrator
chains for hydrogen and ammonia, thereby in January. It has been pleasing to see gas (NOPTA) to have the Cliff Head oilfield
contributing to global decarbonisation and desorption start over the past few weeks, reservoir declared a greenhouse gas storage
energy solutions. resulting in measurable gas produced to formation (Milestone 1) and to pursue the CH
JERA, April 26, 2022 surface on a 24-hour basis. Whilst the current CCS project once economic oil production
gas rate is still in an early production phase, it has finished. Following a declaration, the
is steadily increasing and early analysis points CHJV anticipates making an application
OCEANIA to extension of the Mahalo high productivity to NOPTA for the grant of a greenhouse
fairway into Mahalo North.” gas injection licence for the injection and
Santos completes sale of updates as the production test continues. permanent sequestration of a minimum of
Comet Ridge will provide regular market
500,000 tonnes of CO2 per annum into the
12.5% Barossa interest to COMET RIDGE, April 28, 2022 Cliff Head oilfield reservoir. Receipt of this
injection licence (Milestone 2) will enable
JERA Drilling of first well the CHJV to commence the implementation
of the CH CCS Project with the project
Santos today announced completion of successfully completed anticipated to be operational by 2025.
the sale of a 12.5% interest in the Barossa PILOT ENERGY AND TRIANGLE ENERGY, April
project to JERA following the completion Galilee Energy is pleased to provide the 26, 2022

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