TMK Energy Brings LF-07 Well Online, Boosting Gurvantes XXXV Production Capacity
TMK Energy has completed commissioning its LF-07 pilot well at the Gurvantes XXXV Coal Seam Gas Project, joining six other wells in production as the company shifts focus to optimising output and reservoir management.
- LF-07 pilot well completed and commissioning underway
- Maintenance on LF-06 well successfully finished, returning it to production
- Seven pilot wells now producing, enabling planned preventative maintenance
- Capital expenditure expected to reduce significantly in short to medium term
- Refined reservoir management plan aims to maximise water and gas production
Completion of LF-07 Marks Operational Milestone
TMK Energy Limited has announced the successful completion and commissioning of its LF-07 pilot production well at the Gurvantes XXXV Coal Seam Gas Project. This latest addition brings the total number of producing wells at the pilot project to seven, a key step in advancing the company’s operational capabilities.
The LF-07 well is now undergoing final commissioning activities and is expected to be placed on production imminently. This development follows the recent maintenance work on the LF-06 well, which involved cleaning and servicing the downhole pump to ensure uninterrupted production. LF-06 has already been returned to active production, reinforcing the company’s commitment to maintaining operational efficiency.
Optimising Production and Reservoir Management
With seven wells now online, TMK Energy is positioned to implement a more strategic and cost-effective maintenance schedule. The redundancy provided by multiple wells allows for routine workovers without significant disruption, supporting the overall reservoir management plan. This approach is designed to maximise both water and gas production rates while accelerating reservoir depressurisation, a critical factor in proving the commercial viability of the resource.
Chief Executive Officer Dougal Ferguson highlighted that the drilling phase has concluded, and the company anticipates a significant reduction in capital expenditure in the near term. The focus will shift towards optimising production rates and maintaining a lean cost structure, while also seeking project partners to co-fund future development stages.
Looking Ahead – Data-Driven Refinements
TMK Energy is developing a refined reservoir management plan that will be implemented alongside the commissioning of LF-07. This plan aims to leverage new production data to better understand reservoir pressure dynamics and enhance production strategies. The impact of LF-07 on reservoir pressure will provide valuable insights, particularly given its location relative to other wells, enabling more precise management of the resource.
As the company continues to gather data and optimise operations, the coming months will be critical in demonstrating the project’s commercial potential. The successful integration of LF-07 into production and the ongoing maintenance of existing wells underscore TMK Energy’s methodical approach to unlocking value from the Gurvantes XXXV asset.
Bottom Line?
With drilling complete and production ramping up, TMK Energy’s next challenge is turning operational progress into commercial success.
Questions in the middle?
- How will LF-07’s production data influence the refined reservoir management plan?
- What timeline is TMK Energy targeting to prove commercial viability of the Gurvantes XXXV resource?
- Are there potential partners lined up to co-fund the next development phase?
