Vintage plans 2 stage project for Odin gas field connection
Sydney-listed Vintage Energy and its joint venture partners in the PRL 211 in Queensland will pursue a two-stage project for connection of the Odin gas field, Vintage said on November 10.
“The connection project will provide an interim accelerated connection and sales from Odin, contemporaneous with work on the superior longer-term connection option selected by the joint venture from the recently completed concept work,” the company said.
This long-term connection option comprises the connection of the Odin gas field to facilities at the Vali gas field for dewatering, metering and transport to the Beckler tie-in point. The Vali gas field is also owned by the joint venture parties and is being prepared to commence production in the next month.
Vintage is a 50% interest holder and operator of the PRL 211 joint venture. Other interest holders are Metgasco (25%) and Bridgeport (25%).
Vintage managing director, Neil Gibbins, said the two-stage connection project enabled early production to serve market demand whilst the optimal field infrastructure configuration could be established and constructed.
“There are two clear conclusions from the work done since announcing our intention to bring Odin to market. First, a compelling case exists for gas from Odin to flow to east coast gas buyers as soon as possible,” he said. “Second, our concept engineering studies identified the best option, for operations and economics, is for Odin to be connected to the facilities currently being constructed at Vali.”
“However, the timeline required from the commencement of FEED to first gas for that option is expected to extend beyond 12 months, and supply chains for some items remain difficult,” he added.
Gibbins said that by reconfiguring the project into two stages, the company will be able to start supplying gas from Odin as rapidly as possible whilst implementing the best long term connection option for the field.
The Odin accelerated connection will use temporary rental equipment and the installation of a 1.4 km connection from the well-site to the mid-line riser of the pipeline currently being installed to transport gas from Vali gas to the Moomba gas gathering network at Beckler.
The Odin long term connection will enable metering and dewatering of the Odin gas stream at Vali prior to transportation to Beckler and require installation of a 6.3 km pipeline from the mid-line riser to the Vali facilities. The long term connection is expected to progress to FEED later this month. Vintage anticipates funding its share of expenditure for both connection projects from internal resources.