TMK edges closer to commercial gas flow rates in Mongolia

TMK Energy CEO Dougal Ferguson said: “It is pleasing to see that our new technical studies and updated reservoir simulation modeling are closely aligned with the recently measured pressure drop in well LF-06.”

While Mongolia is better known for its copper and coal mines than its gas fields, TMK’s Gurvantes XXXV project is seen as a potential first mover in a region long hungry for domestic energy supplies.

The project spans a massive 8,400 square kilometers in the South Gobi Desert, less than 50 kilometers from China’s Shivee Khuren border crossing and close to key Chinese gas infrastructure.

In a region known for its enormous coal deposits perfect for coal seam gas production, Gurvantes XXXV hosts 1.2 trillion cubic feet (Tcf) of 2C conditional resources and a whopping 5.3 Tcf of potential gas.

TMK has now drilled seven operational wells within the wider project area in the Lucky Fox pilot project and has been steadily increasing production since the beginning of the year.

With the pressure dropping, the gas bubbling, and the foundations lining up properly with modeling, TMK appears to be getting closer to the commercial breakthroughs it desires.

If the pressure curve continues its trend as predicted, the next chapter in Gurvantes XXXV could be the one that will transform a promising coal basin into a real gas region.

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