Vintage's Odin field in Australian Cooper basin returns to production
Sydney-listed Vintage Energy announced on August 1 that Odin-1 in the Odin gas field in the South Australian Cooper basin had returned to production.
The well has maintained a stable raw gas flow rate averaging 1.4mn ft3/day over the 44-hour period since the afternoon of July 30. The commencement of the Odin-2 well completion, along with work at Odin-1 and Vali-2, had been delayed due to heavy rainfall in the region.
The Odin gas field is currently undergoing production appraisal. Odin-1 commenced production appraisal in September 2023, with gas supplied to Pelican Point Power, a joint venture of Engie and Mitsui, under a long-term contract extending to December 2026.
Odin is the second new gas field brought into supply by Vintage and the joint venture, following the connection of the Vali gas field in Queensland in February 2023. Gas from Vali and Odin is processed at the Moomba processing facility. Both fields have matching joint venture ownership.
Vintage is the operator with 50% interest. Metgasco and Bridgeport own 25% each of the project.