Lakes Oil N.L., the oldest Australian focused oil and gas exploration company, changed its name to Lakes Blue Energy N.L. in 2020 to better reflect its focus on producing cheap, clean, dispatchable energy from alternative sources (eg Hydrogen, waste heat, compressed air technologies, etc) beyond the traditional oil and gas space.
inGauge assists CTSCo to drill West Moonie 2, achieves all critical well objectives, on time and under budget
CTSCo’s West Moonie 2 well has been completed on time and below budget with all objectives achieved. inGauge managed the well design, preplanning and execution on behalf of CTSCo.
inGauge provided engineering and project execution for the 2021 workover campaign aimed at enhancing production from the Glenaras Lateral Pilot area. The programme has now been completed and is showing signs of success with gas rates in the field increasing to near 80 Mscfd.