Transerv Finds Encouraging Gas Flows at Warro-6 Well in Western Australia

Transerv Energy disclosed Tuesday that testing operations at the Warro-6 onshore well in Western Australia have commenced and recorded substantial initial gas flows.

The well is presently flowing at 1.3 million cubic feet per day (MMcf/d) on a 42/64 inch choke with a jet pump assisting with the lifting of the fluids from the well.

The flow rates are yet to stabilize and continue to improve. Importantly, the amount of lifting effort required of the jet pump is diminishing as the gas rate increases.

Warro is Australia’s biggest undeveloped onshore gas field, with a total estimated resource of 11.6 trillion cubic feet of gas initially in place. The P90 resource, which accounts for just half of the total resource, is estimated to be worth $1.3 billion (AUD 1.8 billion) at current market prices.

Transerv Managing Director Stephen Keenihan said the promising results were in line with Transerv’s expectations at this stage.

“While it is very early days in our long term testing program of Warro-6, and the well is yet to stabilize, we are encouraged by the flows we are seeing at this early stage,” Keenihan said.

The completion operations at the Warro-5 well are almost finished and testing is expected to commence within 48 hours.


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