2012 Half Year Results Media Presentation - Origin Energy

Upstream activities are ramping up with land access, drilling and
gas processing facilities tracking within plan
• Participated in over 200 wells during the half
• Two hybrid coil tubing drilling rigs now in operation; capability to
drill wells in less than 4 days per rig; more rigs to be added
progressively over the coming months
• On track to drill 30 wells per month by mid 2012, with up to 1,100
new production wells expected to be drilled by the end of 2015 to
support initial ramp requirements for two trains
• Land access on schedule; 428 well locations scouted; land access
plan ensures rigs minimise down-time
• First Siemens electric drive compressor completed factory
acceptance testing in January, on schedule
• Plant module construction awarded to BJC Thailand – first module
shipment due mid 2012, on schedule
• Gas processing and water treatment facilities construction on track
to commence mid-2012
Milestones
Date
36 |
First two Savanna rigs introduced mid 2011
Initial drilling for Train 1 complete mid 2013
Mechanical completion of first gas processing plant mid 2013
Train 1 - gas processing plants complete late 2014
First gas to LNG Train 1 early 2015