TMK turns jets on in Mongolia as it sets new gas | Australian Markets

TMK Energy has set one other file month of gas manufacturing, in which it boosted output by 10 per cent to more than 10,000 cubic metres of gas from its Pilot Well project in southern Mongolia.

The project, which is a component of the company’s wider Gurvantes XXXV coal seam gas project, additionally smashed out a file every day gas quantity during in March.

Management says the primary incidence of gas slugs, that are massive high-pressure bubbles of gas forming in its Lucky Fox wells LF-04 and LF-06, suggest the pilot properly program is heading in direction of important desorption strain.

It believes the reservoir strain is constant to say no in direction of the important desorption degree, offering an total enchancment in the depressurisation of the reservoir. The decline was confirmed final month by a strain build-up take a look at.

The company plans to conduct a additional strain build-up take a look at on its LF-02 properly for a comparability with readings taken about 12 months in the past to test the progress made in direction of reaching important desorption strain.

The take a look at ought to present definitive readings of the reservoir strain and level to the place it sits relative to the focused important desorption strain.

The project continues to show encouraging indicators with many of the pilot manufacturing wells delivering file month-to-month gas charges along with the primary proof of gas slugging from the coal seams, indicating we’re progressing in direction of important desorption strain.

One of its key targets this 12 months is to scale back the reservoir strain beneath the important desorption strain, which is one motive why the company drilled the three extra manufacturing wells. Gas charges are anticipated to increase considerably when the target is achieved.

Management has begun planning for at the least one extra pilot manufacturing properly in the quick neighborhood of the prevailing Lucky Fox wells.

An extra properly will help in assembly the company’s licence dedication for additional pilot wells this 12 months and enhance the manufacturing capability on the advanced.

TMK believes it can begin to drill the extra properly earlier than the tip of June, which might help to elevate its manufacturing volumes and doubtlessly add to gas gross sales beneath its gas gross sales settlement with Jens Energie LLC.

Additional wells help present the additional pumping capability needed to rapidly attain the important desorption pressures for the project to ship an quick uplift in gas manufacturing.

TMK not too long ago applied superior Distributed Temperature Sensing (DTS) technology in wells LF-05 and LF-06 to supply it with beneficial info on reservoir productiveness.

Final DTS evaluation confirms most of the water is being produced from the coal seams, not from adjoining aquifers or non-coal bearing zones, offering robust indication of coal seam permeability.

The DTS technology is designed to determine zones of elevated gas and water inflow or permeability, for elevated financial viability.

The company’s new manufacturing file was achieved regardless of one of its higher manufacturing wells, LF-05, recording important downtime for a pump clean-out and workover.

LF-05 is the only properly not producing whereas remedial actions are being taken to deliver it back into manufacturing.

The company expects to shortly produce business charges of gas from the project throughout 60 sq. kilometres in the Nariin Sukhait space of Mongolia’s huge countryside.

The company’s contingent useful resource (2C) of 1214 billion cubic ft (BCF) of natural gas is Mongolia’s largest. The project presently comprises a 5300BCF potential useful resource throughout its whole 8400-square-kilometre ground.

Like many countries, Mongolia is eager to transition away from vitality produced from burning coal. Coal seam gas is taken into account perfect as a “clean transition fuel” as a result of it produces about half the carbon emissions produced by coal-generated electrical energy and burns cleaner than different fossil fuels.

TMK believes its Gurvantes XXXV project can turn into a regionally important, dependable source of natural gas for each Mongolia’s home market and regional vitality infrastructure.

The project’s proximity to northern China’s gas pipelines locations TMK in a pre-eminent place.

With TMK’s manufacturing numbers ramping increased each month, the company is well-placed to turn into a main vitality contributor to the area.

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