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Mahalo joint venture powers ahead

Galilee Glenaras

Mahalo joint venture (JV) participants, Comet Ridge and Santos, have continued to progress the development throughout the December quarter.

The development pathway has been streamlined over the past 12 months with APLNG exiting the project and with Comet and Santos acquiring a share of APLNG’s 30 per cent equity.

Comet Ridge now holds a 57.14 per cent interest and Santos holds 42.86 per cent as the development operator of the project.

The Mahalo JV gas project has approvals in place for gas extraction and processing requirements, with the final step a new 80km pipeline connect to Jemena’s QLD gas pipeline and to GLNG’s pipeline to its Gladstone LNG facility.

The pipeline connection will require a QLD Government pipeline licence and landholder access arrangements.

As operator, Santos continues to progress the concept select phase of the project, which is aimed at optimising the planned sales gas offtake rate as well as identifying the number of wells to be drilled in the first phase of the development.

It is anticipated that the concept select phase will be completed in the first quarter of 2024 prior to a full front end engineering design (FEED) for the Mahalo field.

Santos will undertake the FEED studies in parallel with the pipeline approval and design process.

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