Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Santos Makes Significant Offshore Gas Discovery at Crown-1

change text size

Santos announced Monday that it has made a significant gas discovery at its Crown-1 exploration well in the Browse Basin offshore Western Australia.

Crown-1, which lies in 1,444 feet (440 meters) of water in the WA-274-P exploration permit, is sited around 311 miles (500 kilometers) of Broome and approximately 37 miles (60 kilometers) west of Inpex's Ichthys field.

Santos said in a statement Monday that wireline logging had to date confirmed 200 feet (61 meters) of net gas pay in the Jurassic-aged Montara, Plover and Malita reservoirs between 15,988 and 16,398 feet (4,873 and 4998 meters).

The company added that Crown-1 has not intersected a gas-water contact, which implies that the well has potential to yield further gas resources. Following its announcement Monday, Santos disclosed that it plans to drill Crown-1 to a proposed total depth of 17,060 feet (5,200 meters).

Santos' Head of Exploration Bill Ovenden said in a press statement that Crown-1 is an important gas discovery for the company.

"The Crown discovery is well positioned, in close proximity to existing and proposed liquefied natural gas (LNG) projects in the Browse Basin and other material exploration prospects," Ovenden said.

Santos is the operator of WA-274-P and holds a 30 percent stake in the permit. Its joint venture partners, Chevron and Inpex, hold the remaining stakes of 50 percent and 20 percent respectively.
 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  CNOOC Reports 1Q 2014 Net Production o... (Apr 23)
 -  BP Sells Interests in Four North Slope... (Apr 23)
 -  PetroChina Aims to Produce 92 Bcf of S... (Apr 22)
 -  Cosco's Subsidiaries Bag $100M Contrac... (Apr 22)
 -  Kea Appoints New Managing Director (Apr 22)
Most Popular Articles
From the Career Center
Jobs that may interest you
Offshore Rig Mover
Expertise: Rig Mover
Location: Houston, TX
 
Directional Driller
Expertise: Directional Driller
Location: TX
 
Technical Sales Engineer III
Expertise: Directional Driller, MWD/LWD, Technical Sales
Location: San Antonio, TX
 
search for more jobs