Central Petroleum to breathe new life into Mereenie field

March 30, 2021
Central Petroleum Ltd., Brisbane, has engaged Eastwell Group to recomplete four existing wells and drill two new development wells in Mereenie gas field in the Amadeus basin of the Northern Territory, Australia.

Central Petroleum Ltd., Brisbane, has engaged Eastwell Group to recomplete four existing wells and drill two new development wells in Mereenie gas field in the Amadeus basin of the Northern Territory, Australia.

The intent is to return the field production capacity towards 45 terajoules/day of gas from the current flow of 32 terajoules/day. This will produce at least an additional 45 petajoules of gas over the lifetime of the wells.

The new work will enable Mereenie joint venture to commit to new gas sales into the Australian east coast domestic market.

Development activities are part of the long-term field development plan that aims to convert undeveloped 2P reserves of more than 40 petajoules into developed 2P reserves, Central said.

Recompletions will begin in April, while the first development well (a vertical) will be spudded in May. On completion both new wells will be tied into the existing gathering network, the first expected on stream before July.

Mereenie field spans two licences (OLs 4 and 5) about 230 km west of Alice Springs. Central is operator with 50% interest. Macquarie Group Ltd. has the remaining 50%.