Commissioning of Odin gas project in Australia to start this month

ASX-listed Vintage Energy on September 1 said that the commissioning of the Odin gas project, located in Australia’s Cooper basin, will begin this month.

“Work at the Odin gas field has been focussed on completing the final stages of the accelerated connection of the field to the Vali-Beckler pipeline so production from Odin can commence in September 2023,” the company said. “Work is proceeding in-line with this schedule, with the final pieces of equipment due to be transported to site this weekend. Commissioning is expected to commence in the near future.”

The Odin project is located in PRL 211. Metgasco and Vintage Energy, which is the operator of the project, own 25% and 50% stakes, respectively, while Bridgeport holds the remaining 25%. The Odin gas field was discovered by the joint venture in 2021. The field has independently certified contingent resources of 40 petajoules.

The gas supply from the Odin gas field has already been contracted to Pelican Point Power, a joint venture between Engie and Mitsui & Co. The gas supply contract is set to be in effect from the start-up of Odin until December 2024.