Apache Spuds Zola Well
Apache Northwest has spud the Zola-1 well in permit WA-290-P, located in the offshore Carnarvon Basin. The Stena Clyde semisub is drilling the well, and operations should take about 40 to 50 days to reach a proposed total depth of around 16,404 feet (5,000 meters).
Zola is a very large Triassic tilted fault block on trend with the Gorgon gas field. Considered one of the largest un-drilled structural features in the Carnarvon Basin, Zola is covered by high quality newly reprocessed 3D seismic data and is considered a moderate risk prospect. It is estimated that Zola contains between 0.2 and 2 Tcf of recoverable gas with a mean volume of nearly 1 Tcf.
Apache operates WA-290-P, holding a 30% interest; Nippon Oil Exploration holds 25%; OMV Australia holds 20%; Santos Offshore holds 15%; and Tap holds 10%.SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.