Brisbane-based Arrow said today that it had achieved substantial progress in field production ramp-up, with total daily sales now standing at 75 terajoules per day (TJ/d) from a gross operated field production of 78 million cubic feet per day (MMcfd).
Arrow said the Moranbah field had achieved gross production of 46.2MMcfd and gross sales of 46.3TJ/d. The field’s best producing well was flowing 3.4MMcfd.
The Tipton field was producing 17.3MMcfd and had gross sales of 15.7TJ/d. Its best well was producing 1.12MMcfd.
Kogan – with eight wells currently offline and awaiting a completion rig for hook-up – was producing a gross 7.1MMcfd with gross sales figures of 6.2TJ/d, and its best well was producing 0.88MMcfd.
Total Daandine field production was 7.3MMcfd, with gross sales of 6.5TJ/d. Its best well was flowing at rates of 0.75MMcfd.
Gas from this was being used at the Daandine power station, currently running at its design output of 29.3MW. Excess Daandine gas was being processed through the Kogan compression facilities.
Total production from the Arrow-operated fields was now 77.9MMcfd, with gross sales of 74.7TJ/d, and total net sales to Arrow of 42.2TJ/d.
Company secretary Kerry Parker said Arrow had previously said it was targeting sales representing 25% of the Queensland gas market by the end of 2007.
These latest sales figures meant Arrow was already supplying about 22% of the Queensland market, excluding the Mt Isa region.
