Latest Reservoir Modelling News

TMK Energy’s LF-07 pilot well at the Gurvantes XXXV Coal Seam Gas Project is producing over 100 cubic metres of gas daily, driving a doubling of total pilot well output since recent drilling. This milestone sets the stage for further production increases as reservoir management advances.

TMK Energy has successfully commissioned its LF-07 pilot well at the Gurvantes XXXV Coal Seam Gas Project, joining six other wells in steadily producing gas and advancing reservoir management efforts.

Omega Oil and Gas confirms the commercial viability of its Canyon Sandstone reservoir in Queensland’s Taroom Trough, with SLB modelling indicating nearly 1 million barrels of oil equivalent per well and significant upside potential.

Finder Energy has fast-tracked development of its Kuda Tasi and Jahal oil fields in Timor-Leste, targeting initial production rates of up to 40,000 barrels per day through a strategic alliance with SLB. The company’s tight capital structure and multiple exploration prospects position it for significant catalysts in the second half of 2025.

Omega Oil and Gas reports strong appraisal progress at its Canyon Project, highlighting premium light crude oil and multiple stacked pay zones, supported by a robust $15.1 million pro forma cash position.

Finder Energy has fast-tracked its Kuda Tasi and Jahal (KTJ) oil field development in Timor-Leste through a strategic alliance with SLB, advancing key engineering design by 12 months and targeting a final investment decision in 2026. The company also strengthened its financial position with a $6 million placement, supporting ongoing exploration and development activities across its diverse portfolio.

Comet Ridge Limited has independently certified 51.8 PJ of 2P gas reserves and 118.5 PJ of 3P reserves at its 100% owned Mahalo East Project, significantly expanding its gas portfolio in Queensland’s Bowen Basin. This milestone advances the Mahalo Gas Hub’s potential as a key new gas supply region for Australia’s east coast.

TMK Energy’s May 2025 update reveals sustained reservoir pressure declines across multiple pilot wells at Gurvantes XXXV, backed by an independent technical review endorsing ongoing production and new drilling plans.

Finder Energy has completed a landmark reprocessing of its Ikan 3D seismic data, delivering enhanced imaging that sharpens development plans for the Kuda Tasi and Jahal oil fields. This technical leap forward accelerates the path toward first oil and unlocks new exploration potential within the PSC 19-11 permit.

Omega Oil and Gas has confirmed an extensive oil and gas system in Queensland’s Taroom Trough through high-quality logging at its Canyon-2 well, with DFIT testing now underway to further evaluate reservoir potential.

Finder Energy has spotlighted its Kuda Tasi and Jahal oil fields at the SEC 2025 Conference, revealing a fast-track development plan with robust resource estimates and promising production rates.

Omega Oil and Gas has reported robust oil and gas flows from its Canyon-1H well in Queensland’s Bowen Basin, confirming commercial potential and securing $7 million in fresh capital alongside a strategic board appointment.