Key points:

• Mahalo North 1 gas production continues to increase on a daily basis.
• Gas production now over 310 thousand cubic feet per day (Mcfd), an almost fourfold increase since the installation of the larger pump.
• Modelling indicates the well is draining a large area, improving the ultimate gas recovery potential of future development wells.

Comet Ridge advises that the Mahalo North 1 well continues to increase gas production on a daily basis, currently producing over 310 Mcfd, an almost fourfold increase since the recommencement of the production test on 26 May 2022. Comet Ridge previously reported a gas production rate of 85 Mcfd when the production test was paused in mid-May to install the larger pump.

Dewatering of the coal continues with the well maintaining a consistent water production rate of approximately 1,560 barrels of water per day (bwpd) compared to the original pump’s capacity of up to 800 bwpd.

Gas production is increasing daily as reservoir pressure reduces.

Comet Ridge Managing Director, Tor McCaul said:
“Modelling indicates this well is draining a large area of reservoir, which is encouraging for Mahalo North’s productivity. It also provides us with flexibility for future well spacing to optimise development and achieve strong ultimate gas recovery from each production well.”

Comet Ridge will continue to provide regular market updates as the production test continues.

KeyFacts Energy: Comet Ridge Australia country profile