Page 14 - AsianOil Week 42 2021

AsianOil NEWS IN BRIEF AsianOil

Preliminary evaluation of the Velkerri-76 well is Consistent with previous communications, The project will create 200 jobs during
very encouraging and confirms: the completion of this project will reinstate construction, delivering exciting opportunities
The presence of four prospective intervals the ability of Kupe to produce at a plateau rate for local businesses, including Indigenous-owned
within the Amungee Member (formerly known as of 77TJ/d for a sustained period. Reserves Garla Barna Civil & Mining (GBCM), which has
the Middle Velkerri), the A, AB, B and C shales, as attributable to this project remain in-line with already been awarded the bulk earthworks scope.
established in the Amungee NW-1 / 1H, Beetaloo previous guidance. Stage 2 will be delivered with MEPAU’s existing
W-1 and Kalala S-1 wells. The Joint Venture also continues to investigate commitment to working with local Mid West
The continuation of the regionally pervasive options to drill another development well at Kupe businesses at Waitsia; for example, businesses such
Amungee Member within the Velkerri Formation to further increase recovery from the field. as In-situ Construction in Dongara and GCo
towards the eastern flank of the Beetaloo Sub-Basin “This is another milestone in the excellent Australia in Geraldton were hired for much of the
approximately 78 kilometres from the Amungee journey that is Kupe” Andrew Jefferies CEO of Stage 1 expansion at a value of approximately $2
NW-1H and 73 kilometres from the Beetaloo W-1 New Zealand Oil & Gas says, “This compressor will million.
wells. allow us to suck harder on the straw and extract MEPAU and Beach Energy were joined by
The Amungee Member is likely within the wet further volumes from the Kupe Gas Field bringing WA Premier Mark McGowan, Peter Bennett,
gas maturity window as evidenced by mud gas data us back up to plateau rates at a time the country Clough Chief Executive Officer, and Southern
during drilling. clearly needs it. Yamatji Traditional Owners to celebrate the
93 metres of continuous conventional core This major project has been achieved safely, groundbreaking ceremony and turn first soil at the
was acquired in the Velkerri B and AB shales on budget, and on time despite the headwind site of the Waitsia Gas Plant.
and extensive wireline logging data was collected of COVID. Well done to Kupe Operator Beach “MEPAU is committed to a long-term
to enable detailed formation evaluation of the Energy and all those amazing folks from Taranaki partnership with the people and businesses of the
prospective zones within the Amungee Member. and around New Zealand who have worked Mid West region,” said Ken Yamamura, Managing
The diagnostic fracture injection test (DFIT) is so hard to bring this project to fruition. New Director and Chief Executive Officer of MEPAU.
to be carried out shortly and will provide further Zealand needs this gas for industry, heating homes, “The construction of the Waitsia Gas Project
understanding for future appraisal of the Velkerri barbequing sausages, and keeping the lights on Stage 2 is great news for local jobs, the local
wet gas play. when the wind doesn’t blow and the sun doesn’t economy and for the domestic supply of natural
FALCON OIL & GAS, October 15, 2021 shine.” gas to Western Australia,” said Matt Kay, Managing
NZOG, October 14, 2021 Director and Chief Executive Officer of Beach
Kupe compression project Waitsia Stage 2 a major Energy.
APPEA Western Australian Director Claire
successfully completed Wilkinson said this exciting milestone represented
another example of the oil and gas industry
New Zealand Oil & Gas is pleased to confirm milestone for Mid West supporting local communities and driving the
that the inlet compression project at Kupe community state’s economy.
has completed. Operator Beach Energy, “Gas means local jobs, gas means economic
along with Joint Venture partner Genesis Joint venture partners Mitsui E&P Australia prosperity for WA, and gas means lower emissions.
Energy, has successfully procured, installed, (MEPAU) and Beach Energy have officially This exciting project is another example of how regional
and commissioned the new compressor at launched the Waitsia Gas Project Stage 2 Australian communities benefit from the reliable,
the Kupe plant and it is now available for full (Waitsia Stage 2) today in a major milestone affordable and sustainable supply of oil and gas.”
operation. for Western Australia’s Mid West community. APPEA, October 18, 2021

P14 www. NEWSBASE .com Week 42 21•October•2021