QGC awards CSG gauge supply contract to WellDog03/05/2012
Contract includes supply and installation of hundreds of pressure and temperature measurement systems
WellDog announced today that QGC Pty Limited, developer of the Queensland Curtis LNG Project, has awarded the company a contract for provision of downhole gauge systems, and services related to installation of the systems. The contract has a term of three years with extension options thereafter and a baseline work schedule valued at A$4 million.
“We are delighted to be selected by QGC as the successful bidder after a highly competitive tendering process,” said John M. Pope, Ph.D., president and CEO of WellDog. “The performance and value of our gauge systems will clearly assist QGC in production optimization by minimizing time to gas and unnecessary water production while holding down completion costs.”
The downhole gauge systems will enable QGC to measure carefully bottom hole pressures in their coal seam gas wells, to manage completion performance, and to calibrate their coal seam reservoir models.
The contract will allow WellDog to increase hiring of local workers at its Roma base and to expand sourcing of key components for its gauge systems from local manufacturers.
About QGC Pty Ltd
QGC Pty Limited is a leading Australian coal seam gas explorer and producer focused on supplying gas to domestic and international markets. QGC is establishing one of Australia’s largest capital infrastructure projects to turn Queensland’s world-class coal seam gas reserves into liquefied natural gas. Queensland Curtis LNG, a priority project for QGC, involves expanding exploration and development in southern and central Queensland and transporting gas through a 540 km underground pipeline network to Curtis Island near Gladstone where it will be liquefied. For further information visit: www.qgc.com.au.
WellDog (trade name of Gas Sensing Technology Corp.) is a privately held company that applies a diverse set of innovative technologies to address the numerous critical needs of unconventional oil and gas and alternative energy industries in a high volume, low cost manner. Its flagship gas testing technical service has identified more than half a billion dollars worth of natural gas in hundreds of coals around the world over the past ten years, while enabling resource producers to preserve more than a billion gallons of water. WellDog now provides five business services to the coal seam gas and coal mining industries including gas testing, permeability testing, permanent monitoring sales and installations, downhole water/gas separation and re-injection, and reservoir engineering services. The company has offices in Laramie, Wyoming and Brisbane and Roma, Queensland. More information is available at www.welldog.com.