Page 12 - AsianOil Week 25 2022
P. 12

AsianOil                                         OCEANIA                                             AsianOil


       Beach plans Yolla infill




       well offshore Australia




        PROJECTS &       AUSTRALIA’S Beach Energy is proposing to   The plan is currently under assessment by
        COMPANIES        drill a single new infill well at the Yolla field in  NOPSEMA. Efforts to advance the project come
                         the Bass Basin offshore Victoria.    after Beach said in May that seismic re-pro-
                           The National Offshore Petroleum Safety and  cessing had identified a new Yolla West infield
                         Environmental Management Authority (NOP-  opportunity, drillable from the existing Yolla
                         SEMA), Australia’s regulator, has confirmed that  platform. Development of Yolla West is seen as
                         Beach submitted the environmental plan for  a “lower-cost, nearer-term and higher-return-
                         the project on June 3. According to details pub-  ing investment opportunity”, according to that
                         lished on the regulator’s website, the well will be  announcement.
                         drilled in water depths of roughly 80 metres, 147   If hydrocarbons are found at Yolla West,
                         km south of Kilcunda in the Bass Strait. Work is  the well could be connected to the Lang Lang
                         anticipated to begin in the fourth quarter of 2022  gas plant soon after drilling. This is consistent
                         and take around 130 days.            with Beach’s strategy of maximising throughput
                           NOPSEMA said that although the well is set  at Lang Lang and extending the lifespan of the
                         to be drilled from an existing rig slot on the Yol-  Yolla field. Indeed, the company believes that if
                         la-A platform, it would be an extended reach well  the Yolla West campaign is successful, it could
                         that is planned to primarily intersect the Yolla  return the Lang Lang plant to capacity produc-
                         West Target.                         tion rates of 67 terajoules (1.8mn cubic metres)
                           If the Yolla West target is found not to be com-  per day.
                         mercially viable, the well will be plugged back to   Beach also said in May that negotiations were
                         a predetermined depth and then sidetracked to  underway to secure a rig for Yolla West. The
                         drill to the Yolla North target, according to the  company has not yet provided an update on how
                         published details.                   these negotiations have progressed.™






                                                   NEWS IN BRIEF





                                           GAIL to enter distributed            units.
       SOUTH ASIA                                                               introduce portable and scalable liquefaction
       Cambay C-77H re-frack               LNG production business,             to Government of India’s focused initiatives
                                                                                  The project is envisaged to provide a thrust
       operations update                   endeavour to meet demand             to increase the share of natural gas in the
                                                                                primary energy basket. Further, GAIL is
       Oilex is pleased to announce the following   from off-grid locations and   also under discussions for manufacturing
       update with respect to its operations in India.                          liquefaction skids in India.
         The workover rig arrived on location at   transport sector             GAIL (INDIA), June 22, 2022
       the C-77H wellsite on June 20, 2022 and is
       being rigged-up in preparation to pulling the   In a first-of-its kind endeavour in the country,
       completion string from the C-77H wellbore.  GAIL (India) plans to enter into distributed   SOUTHEAST ASIA
         Civil works to prepare the wellsite for the   liquefied natural gas (LNG) production with
       re-fracking operations have been completed.   the vision to cater the demand from off-grid   BP signs Agung I and Agung
       All major services and equipment have been   locations and transport sector.
       secured for the hydraulic fracking operation   GAIL has placed order for two small-scale   II production-sharing
       which is scheduled to commence mid-July   liquefaction skids capable of producing LNG
       2022.                               on a pilot basis. Liquefaction will be achieved   contracts
         The fracking operation is anticipated to   through proprietary technology-based
       last 7 days and will be followed by flow-back   mobile liquefaction skids. These plants will   We are pleased to announce that bp has
       and testing. We currently expect to be able to   help in distribution of natural gas through   signed the 30-year production-sharing
       announce the results of the re-frac operation   liquefaction in new CGD areas, liquefaction of  contracts (PSC) for Agung l and Agung ll
       in August 2022.                     gas at isolated fields and will support setting-  exploration blocks with the government of
       OILEX, June 23, 2022                up of LNG fuelling stations and in bunkering.   Indonesia, following the decision to award the
                                           It will be first of its kind in the country to   two gas blocks to BP on the second round of



       P12                                      www. NEWSBASE .com                           Week 25   24•June•2022
   7   8   9   10   11   12   13   14   15   16