Arrow Energy this week announced that it will undertake the front-end engineering design (FEED) phase for a proposed major expansion of its Tipton gas project 30km west of Dalby in Queensland’s Surat Basin.
Arrow Energy CEO Qian Mingyang said the project involved a significant upgrade of existing facilities, and would more than double production capacity from Tipton to more than 80 TJ/d.
“This project continues the development of the Arrow resource which will see more gas in the market,” Mr Qian said.
The project followed a recent $600 million plus investment by Arrow in its Surat Basin infrastructure.
“The planned expansion of Arrow’s Tipton operations is expected to involve 90 new wells in the initial phase and another 180 wells over the next 25 years - along with new gathering lines, an upgraded water treatment facility and four new compressors,” he said.
Queensland Resources Council (QRC) Chief Executive Ian Macfarlane said Arrow would begin engineering works with the goal of more than doubling its production capacity to more than 80 TJ/d.
“The QRC congratulates Arrow on this exciting development which again demonstrates that Queensland is leading the way when it comes to working to address the problem of the east coast gas shortage,” Mr Macfarlane said.
“Arrow has a strong record of working with local companies, so this is good news for local businesses and another vote of confidence in Queensland’s onshore gas industry.
“We only hope that the other states follow Queensland’s lead and open up gas reserves to help fix the energy crisis households and businesses, especially manufacturers, along the eastern seaboard are facing.”