Queensland Pacific Metals (QPME) has achieved a remarkable milestone in its operations at Moranbah with no lost time injuries, underscoring its commitment to safety and operational excellence.
The company has successfully increased its production from 22.9 terajoules (TJ) per day to approximately 27TJ per day, marking a significant step in its growth trajectory.
“We are delighted with the way our acquisition of the Moranbah Project and transition to operatorship has progressed over the last three months,” QPME chief executive officer David Wrench said.
“The rapid turnaround in production we have seen has validated our operating strategy and has identified further upside as we build a profitable energy business.”
In the three months since assuming operatorship of the Moranbah Project, QPME has focused on maintaining safe and stable operations while implementing a series of production optimisation and improvement initiatives.
The transition of operations has been highly successful, thanks in part to the efforts of contract operator GR Production Services in establishing a robust management and operating team.
The construction of new tie-in points for directly connecting pre-mining gas drainage wells at the Grosvenor and Moranbah North mines is set to bolster the company’s operational efficiency.
A key factor in this success has been the implementation of good gas field operating practices, which have not only ensured zero lost time injuries but have also significantly improved field performance.
An 8 well drilling program, fully funded under the Dyno Nobel Deferred Funding Facility, is scheduled to commence around April 2024.
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