Mira 6/2 gas production continues to climb 

Comet Ridge Limited has provided an operational update on the progress of the Mira pilot scheme, establishing it as the best performing gas well in Central Queensland’s Mahalo Block. 

Managing Director Mr Tor McCaul said the Mira 6/2 well’s pump speed had been gradually increased during the three weeks since the last update while the gas rate had continued to climb strongly on trend past 625 000 f³/d .

“The Mira 6/2 combination is now the best performing gas producer in the Mahalo Block, having quickly moved past the gas production levels achieved in 2016 by the Mahalo pilot some 13km to the northwest,” Mr McCaul said. 

Mr McCaul said although the gas production rate at Mira was expected to climb further, the Mira pilot had already confirmed expectations of what could be achieved with horizontal wells in the Mahalo block. 

“We believe future development wells will be drilled much further in-seam to target higher gas rates beyond what Mira 6 may ultimately achieve,” he said.

The Mira 6/2 combination and three vertical wells (Mira 3, 4 & 5) continue to actively dewater the Mira Pilot Scheme. Bottomhole pressure in Mira 6/2 continues to be brought down gradually with increases in pump speed and natural pressure drawdown. 

The Mahalo project is located approximately 240km west of Gladstone in the southern Bowen Basin. The Project is close to infrastructure with pipeline connections to the Gladstone domestic and LNG market a short distance to both the west and south of the two pilot schemes. 

Equity participants in ATP 1191 Mahalo Coal Seam Gas are Comet Ridge Mahalo Pty Ltd (40%), Australia Pacific LNG Pty Ltd (30%) and Santos QNT Pty Ltd (30%). 

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