• Home
  • News
  • Central Petroleum: New Mereenie Well Online - Exceeds Target Production Rate

Central Petroleum: New Mereenie Well Online - Exceeds Target Production Rate

22 Jan 2025 9:42 AM | Stephanie Berlin (Administrator)

Central Petroleum's new Mereenie production well, WM29 is now online, over one month ahead of schedule. The well flowed at 7 TJ/d during initial testing over a two hour period. WM29’s production will be limited to 6 TJ/d, which is the sustainable capacity limit of the wellhead skid - a rate that is double the pre-drill expectation of 3 TJ/d.

The flow rate achieved at WM29 takes aggregate Mereenie field production up to the pre-drill target of 30 TJ/d. The second well of the two well program, WM30, is being drilled and currently at a depth of 585m. WM30 is expected to be completed by late February, with commencement of production anticipated in early March.

Gas from WM29 is now being sold into the Northern Territory market which needs additional supply.

To view the full ASX announcement, click here.

Source: Leon Devaney, MD & CEO, Central Petroleum Limited 

Energy Club NT is an Incorporated Association 

The information contained in this website is for general information purposes only. The information is provided by Energy Club NT Inc and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Through this website you are able to link to other websites and files which may not be owned, authored or under the control of Energy Club NT Inc. We have no control over the nature, content and availability of other websites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

Powered by Wild Apricot Membership Software