Blue Energy boosts gas flow at Sapphire with early success in pilot testing program

Small Caps09-25

Blue Energy (ASX: BLU) has achieved early success with its plans to increase gas flow rates at its Sapphire pilot testing program in Queensland’s North Bowen Basin. After identifying an opportunity to...

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class=\"title\">\nBlue Energy boosts gas flow at Sapphire with early success in pilot testing program\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-25 10:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://smallcaps.com.au/blue-energy-boosts-gas-flow-sapphire-pilot-testing-program/><strong>Small Caps</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Blue Energy (ASX: BLU) has achieved early success with its plans to increase gas flow rates at its Sapphire pilot testing program in Queensland’s North Bowen Basin.\nAfter identifying an opportunity to...</p>\n\n<a href=\"https://smallcaps.com.au/blue-energy-boosts-gas-flow-sapphire-pilot-testing-program/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QPM.AU","symbol_name":"Queensland Pacific Metals 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.The company is looking to obtain similar average flow rates to the 200,000cfd being recorded in wells in the adjacent Moranbah gas project.Blue identified a low-cost opportunity to improve gas flow at Sapphire earlier this year, following a recommendation for the proposed “twinning” of one of the existing lateral wells to target a single coal seam.The increase in Sapphire 2P reserves reflected 80% of the total envisaged gas supply volume required under a non-binding memorandum of understanding  with Queensland Pacific Metals .Under the MoU, Blue would supply gas t","collect":0,"end_time":0,"defaultTopTitle":"smallcaps.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"QPM.AU":"Queensland Pacific Metals Limited","BK7095":"多种金属与采矿","BLU.AU":"BLUE ENERGY LTD","BK7142":"石油与天然气的勘探与生产"},"translate_title":"Blue Energy在试点测试计划中取得早期成功，提高了Sapphire的天然气流量","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BLU.AU":1,"QPM.AU":1},"content_text":"Blue Energy (ASX: BLU) has achieved early success with its plans to increase gas flow rates at its Sapphire pilot testing program in Queensland’s North Bowen Basin.\nAfter identifying an opportunity to overcome technical issues at the project, Blue is currently undertaking Sapphire 5/6 pilot production testing operations.\nTo date, the pilot wells are continuing to flow gas at increasing rates, currently hitting 150,000 cubic feet per day (cfd).\nNeighbouring wells\nThe company is looking to obtain similar average flow rates to the 200,000cfd being recorded in wells in the adjacent Moranbah gas project.\nThe lowest coal seams in both Sapphire pilot sets are now being de-pressured in the current program and effective gas desorption is occurring as the water levels near the top of these seams.\nBlue identified a low-cost opportunity to improve gas flow at Sapphire earlier this year, following a recommendation for the proposed “twinning” of one of the existing lateral wells to target a single coal seam.\nFormation damage\nThat program would be undertaken without a drilling fluid program and with no additives, after an independent review identified potential formation damage related to a component of the fluid used in the pilot well drilling.\nThe review was conducted to investigate why flow from the Sapphire 5 and 6 lateral pilot wells was below what was expected and lower than the rates of neighbouring projects.\nIt was also discovered that the lowermost coal seams in the wells remain below the current water level in the vertical wells and will require de-watering.\nSizeable resource\nFollowing the completion of the 2022 pilot drilling campaign, Blue announced independently-assessed resource and reserve upgrades for the Sapphire Block that saw 2P and 3P gas reserves increased to 91 petajoules and 287PJ, respectively.\nThe increase in Sapphire 2P reserves reflected 80% of the total envisaged gas supply volume required under a non-binding memorandum of understanding (MoU) with Queensland Pacific Metals (ASX: QPM).\nUnder the MoU, Blue would supply gas to the proposed QPM nickel refinery in Townsville.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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