Jadestone Energy Resumes Full Output from Montara (Australia)

Wednesday, March 2, 2022

Jadestone Energy said Wednesday it had resumed full production at the Montara project offshore Australia.

Montara production had in recent weeks been running at reduced rates following an engine failure in the gas reinjection compressor.  

"The engine has been replaced and gas lift reinstated, allowing for full production to be restored at rates seen immediately prior to the gas compressor fault," Jadestone said.

Paul Blakeley, President, and CEO said: "A key element of our strategy to increase efficiency and uptime at Montara is availability of key spares. Having a spare gas re-injection compressor engine core on hand allowed us to effect timely repairs, thereby limiting the period of reduced production.  Our offshore team has worked diligently and safely to carry out this significant maintenance activity, with full production now restored as oil prices strengthen above US$100/bbl."

Jadestone is the 100% owner and operator of the Montara project, located in Production Licences AC/L7 and AC/L8 in the Timor Sea, approximately 690 kilometers west of Darwin, 630 kilometers north of Broome, and 250 kilometers north-west from the Kimberley coastline of Western Australia in water depth of 77 meters. The Montara fields are situated in the Vulcan Sub-basin.

Credit: Jadestone Energy


Categories: Industry News Activity Production Australia/NZ

Related Stories

Mermaid Maritime Expands Into US Offshore Market

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Oil Eases After Topping $100, Still Set for Weekly Rise

ABL Gets Papua New Guinea FSO Job

Jadestone Energy Lifts Malaysia Production with Second Online Well

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

Oil Holds Steady After US, Iran Agree to Cease Attacks

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Inpex, Unions Reach Deal to End Ichthys LNG Strike

Current News

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com