Awe Limited: Waitsia-1 Flows Gas at 50 Mcf Per Day

Awe Limited announced Tuesday that flow tests at the second of two target zones in the onshore Waitsia-1 well recorded an output rate of 25.7 million cubic feet of gas per day, raising the total combined flow rate to more than 50 million cubic feet per day.

The company announced on October 7 that the first test zone, the High Cliff Sandstone, flowed gas at a rate of 24.7 million cubic feet per day. The testing program was designed to determine well deliverability from two conventional reservoir zones and to collect gas samples for compositional analysis. Waitsia-1 will now be shut-in for a brief pressure build-up survey prior to a series of flow tests at various choke settings, rates and well head pressures.

Awe Managing Director, Bruce Clement, commented in a company statement:

“This is clearly an outstanding result. Both reservoir intervals tested in Waitsia-1 have each flowed at 25 million cubic feet per day, constrained by tubing size, giving us a combined flow rate greater than 50 million cubic feet per day. We have now confirmed the flow potential of the conventional Kingia and High Cliff Sandstone Formations in the field. The excellent flow rates achieved will enable us to reduce the number of wells, and development costs, to achieve the targeted production rate of 100 million cubic feet per day for the full field development with the potential to increase the field production rate. Engineering and planning work for the first stage of development is well advanced, with early stage production of approximately 10 million cubic feet per day planned for mid-2016.”

Awe is the operator of the L1/L2 joint venture, where the Waitsia-1 well is situated. The company holds a 50 percent interest in the license, with Origin Energy Resources Limited holding the remaining 50 percent.

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