Page 12 - AsianOil Week 17

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Glenaras 17 will be drilled using Savanna Rig 406, which the company said on April 28 would be released from the Kumbarilla project in the Surat Basin that same day. The company com- pleted the last well of Kumbarilla’s initial explo- ration phase on April 25, reaching a total depth of 1,073 metres. Galilee said the well had inter- sected the complete Walloon Subgroup, with
wireline logs confirming 22 metres of net coal – the high side of pre-drill expectations. New subsurface data has confirmed 22-25 metres of net coal development across the area, which has exceeded pre-drill expectations.
The second phase of the exploration pro- gramme will focus on Kumbarilla’s conventional oil and gas potential.™
Australian regulator approves Ichthys LNG subsea work
PROJECTS & COMPANIES
AUSTRALIA’S National Offshore Petroleum Safety and Environmental Management Author- ity (NOPSEMA) has approved Inpex’s plan for subsea modifications to the Ichthys LNG project.
Under Japan-based Inpex’s plan, which was submitted for regulatory approval last month, new infrastructure will be built to connect roughly 15 new wells in the offshore Browse Basin to the liquefaction terminal. The subsea production system will be expanded through the addition of a new gathering system, as well as infrastructure to connect the new wells to the existing gathering system.
The scope of works approved includes the installation, mechanical completion, pre-com- missioning and commissioning of umbilicals, risers and flowlines (URF), as well as the connec- tion of this infrastructure to the project’s existing subsea and offshore facilities.
The new infrastructure will be installed in petroleum production licence WA-50-L, which is located roughly 230 km north-west of the Kimberley coastline, over a period of five years.
Work is anticipated to begin in the first quarter of 2021, though the timing could be affected by approvals, vessel availability, operational effi- ciencies and weather conditions.
There may also be delays to the project timeline, after Inpex said last month that it was reviewing its investment plans in order to minimise the impact of the oil price collapse and coronavirus (COVID-19) pandemic. The company has not yet provided further details on how it will proceed with its investment plans. A handful of other companies that operate LNG export terminals in Australia have announced delays to final investment decisions (FIDs) on expansion phases at their projects, however.
Ichthys LNG currently has the capacity to produce 8.9mn tonnes per year (tpy) of LNG from two liquefaction trains, as well as 100,000 barrels per day (bpd) of condensate and 1.65mn tpy of liquefied petroleum gas (LPG).
Roughly 70% of the LNG produced at the facility is set to be sold to Japanese customers.™
Image: Inpex
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w w w . N E W S B A S E . c o m Week 17 30•April•2020