Arrow Energy has announced plans to double the production capacity of its Tipton gas project in Queensland amid an east-coast industrial gas shortage.
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.
It will also include new gathering lines, an upgraded water treatment facility and four new compressors.
“This project continues the development of the Arrow resource which will see more gas in the market,” said Arrow Energy CEO Qian Mingyang.
The project follows investment of more than $600 million by Arrow in its Surat Basin infrastructure, including $500 million towards its Daandine expansion project commissioned in late 2016 and more than $100 million to expand capacity at its Daandine and Tipton fields.
“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,” said Mingyang.