The report by Perth-based Risc Operations estimates the field to hold an estimated 460 billion cubic feet of gas in proven plus probable reserves, a 34% increase on AWE’s own estimates for the field.
“The Risc report confirms that the Waitsia gas field has sufficient 2P reserves to market at least 100 terajoules per day for up to 10 years,” AWE chief executive David Biggs said.
“The