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Galilee Energy Announces Update on Glenaras Gas Project

Source: www.gulfoilandgas.com 1/13/2021, Location: Not categorized

Galilee Energy has provided an update on the 100% owned and operated Glenaras multiwell pilot programme ('Pilot') in the Galilee Basin ATP 2019.

Each of the six new vertical wells at the Pilot are now on continuous production and the total water rate from the full Pilot is 14,500 BWPD.

Water rates from the lateral wells have declined a further 20% since the first of the new wells was commissioned and this production decline is a clear indication of pressure depletion in the central area of the Pilot. The water rates from the additional six wells are exceeding the estimated rates from the recent Schlumberger reservoir modelling which augurs well for achieving the Pilot’s intended objective of accelerating the depressurisation process and achieving commercial gas flow rates.

Despite the high rainfall experienced in the region over the past 2 to 3 weeks, all necessary action has been taken to ensure continuity of operations with no interruption to Pilot production experienced to date.

Further operational updates will be provided to the market throughout this period.

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