Sole Gas Project Update

Source: www.gulfoilandgas.com 5/8/2020, Location: Not categorized

Cooper Energy (COE) provides the following update on the commissioning of the Orbost Gas Processing Plant and Sole gas field production and sales. The gas plant is managed by APA Group (APA).

The gas plant is in the final phase of commissioning to process gas from Sole for supply to customers in south-east Australia. Completion of plant commissioning, through the performance of a plant production test, will enable commencement of the field’s term supply contracts, and commencement of processing tariff payments by Cooper Energy to APA Group.

Commissioning of the gas plant is ongoing. The plant has proven its capability to produce sales specification gas from the Sole raw gas stream with total delivery to the Eastern Gas Pipeline of 0.74 petajoules (PJ) from 36 days’ production. This gas has been sold at spot prices net of a gas transmission cost.

Sales gas has been sourced from both of the Sole-3 and Sole-4 production wells. Reservoir and well performance and raw gas specification have been consistent with expectations.

Daily sales gas production rates have ranged between 20 to 25 terajoules (TJ) for most of the past 14 days. This represents an increase of more than 139% to Cooper Energy’s net daily production of approximately 14 TJ/day from its other gas operation, Casino Henry, for the March quarter 2020.

However, rates achieved are yet to meet the 68 TJ/day required by the plant production test. Cooper Energy, APA and its technology partner are working collaboratively to identify and resolve issues to complete commissioning.

This will include a shut-down of the plant for approximately 9 days to inspect, conduct maintenance and complete minor modifications within the sulphur recovery unit. Methodical investigation and analysis of other aspects of the plant performance is ongoing. The shut-down is expected to commence in the coming days.

Cooper Energy is working closely with its customers to align firm supply commencement with plant readiness.

Cooper Energy will provide further updates on commissioning progress as material developments occur.


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