The contract involves drilling four wells using the company’s Rig 103. The 800-horse-power platform has a mast capacity of 180,000 pounds and is capable of drilling production and core extraction wells 2,400 meters deep. This Otway facility is Australia’s first instance of deep geological storage of carbon dioxide (CO2), the most common greenhouse gas.
Easternwell CEO Kyle Koziol said,
" We are pleased to support CO2CRC’s innovative and world-leading project by drilling wells for carbon capture and storage. Our team is excited to play their part in making this project a success and reducing greenhouse gas emissions. "
The project will aim to demonstrate the efficiency of practically implementing innovative solutions for monitoring carbon dioxide. These techniques provide operators with alternatives to conventional monitoring techniques, enabling faster on-demand control at substantially lower costs and with minimal impact on the community and the environment.
Broadspectrum’s Recent Awards
The company was recently awarded a contract with the Dunedin City Council to install LED lights in the New Zealand municipality’s public lighting grid. The agreement, worth just over €12 million euros ($20 million AUD) over 7 years, includes installation and, once completed, maintenance for Dunedin’s lighting. In addition, Broadspectrum has renewed its agreement with Austin Health for three more years. Since 2011, the company has provided maintenance services for Austin Health facilities in Melbourne, including the Austin Hospital, the Heidelberg Repatriation Hospital, the Royal Talbot Rehabilitation Centre, the Olivia Newton-John Cancer Wellness and Research Centre, and seven satellite sites.