Comet Ridge Limited Announces Albany Operations Update
January 21, 2020 at 06:19 am
Comet Ridge Limited announced that after resuming testing of its two "deeps sandstone" wells in the Galilee Basin on 9 January, Comet Ridge confirmed that the Albany 2 flow back has recommenced using nitrogen lifting and, to date, over 50% of the stimulation fluid has been recovered. During the Christmas break, the wellhead pressure built up to approximately 100 psi whilst the well was shut-in, indicating gas in the top of the wellbore. A laboratory sample was taken, and analysis indicates it to be comparable to the Albany 1 gas, with increased nitrogen in the sample due to the nitrogen lifting.