Page 14 - AsianOil Week 25 2022

AsianOil NEWS IN BRIEF AsianOil

on track for completion by the end of July. for prices, by filling the gap in electricity Mahalo North 1 well continues to increase
GALILEE ENERGY, June 23, 2022 demand and offsetting potential cost increases gas production on a daily basis, currently
resulting from the closure of the Liddell power producing over 310,000 cubic feet per
Snowy Hydro and APA sign station. day, an almost fourfold increase since the
“Today’s announcement is another
recommencement of the production test
transport, storage and significant milestone for the project and on May 26, 2022. Comet Ridge previously
reported a gas production rate of 85,000 cubic
Snowy is looking forward to continuing to
development agreements work closely with APA. feet per day when the production test was
“The Hunter power project is on track
paused in mid-May to install the larger pump
for the Hunter power project and progressing well, with key milestones (refer to ASX announcement on May 30,
including naming CIMIC Group’s UGL as the
2022).
Snowy Hydro today welcomed the principal contractor, as well as the signing of Dewatering of the coal continues with
announcement by APA Group that it had a major contract with Mitsubishi Power to the well maintaining a consistent water
signed gas transport, storage and development deliver the hydrogen-ready open-cycle gas production rate of approximately 1,560 barrels
agreements for the Hunter power project. turbines. of water per day (bwpd) compared to the
APA will construct, own and operate “Snowy continues to take opportunities to original pump’s capacity of up to 800 bwpd.
the Hunter power project’s gas pipeline turbo-charge local investment by the project. Gas production is increasing daily as
connection to the Sydney-Newcastle pipeline, That’s why we’ve engaged a Hunter-based reservoir pressure reduces.
known as the Kurri Kurri Lateral, along with a recruitment agency, engaged a local civil Comet Ridge managing director, Tor
70 terajoule gas storage facility. works contractor, established a Snowy Hydro McCaul said: “Modelling indicates this well
Snowy Hydro CEO Paul Broad said the site office at Kurri Kurri and mobilised a local is draining a large area of reservoir, which is
Hunter power project would play a critical workforce.” encouraging for Mahalo North’s productivity.
role in supplementing Snowy’s generation SNOWY HYDRO, June 20, 2022 It also provides us with flexibility for future
portfolio with dispatchable capacity when the well spacing to optimise development and
needs of electricity consumers are highest. Comet Ridge – Mahalo achieve strong ultimate gas recovery from
“Along with Snowy 2.0, which is Australia’s each production well.”
largest committed renewable energy project, North 1 gas production Comet Ridge will continue to provide
the Hunter power project will underpin regular market updates as the production test
thousands of megawatts of new wind and continues to increase continues.
solar plants. COMET RIDGE, June 21, 2022
“The Hunter power project will be good Comet Ridge is pleased to advise that the

P14 www. NEWSBASE .com Week 25 24•June•2022