InterOil Confirms Continuity of Highly Productive Reservoir at Antelope-3

InterOil Corporation has successfully completed a drillstem test in the Antelope-3 well, located in Petroleum Retention License 15 in Papua New Guinea, which tested natural gas and condensate with a maximum gas rate of 44.8 million cubic feet per day with a flowing tubing pressure of 2,331 psi.

The well produced 10.4 to 14.9 barrels of condensate per million cubic feet through a 64/64-inch choke. The analyzed gas composition is similar to Antelope-1 and Antelope-2, stated the operator.

The company added that the gas flow rate was significantly limited by the downhole DST equipment and the surface separation package.

"InterOil is pleased to have encountered the reservoir higher than anticipated and to confirm continuity of highly productive reservoir at the Antelope-3 location," said Interoil General Manager of Exploration David Holland in a statement. "We are encouraged by the similarities to the Antelope-2 well with extended lateral development of this upper limestone unit."

The objective of the well was to confirm reservoir depth, and continuity; provide samples for analysis to further assist in development well planning; and to satisfy work program obligations for permit PRL 15; as well as complete the well as a future production well. Antelope-3 is located about .6 miles south of the Antelope-1 well and 1.6 miles north from Antelope-2.



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

WHAT DO YOU THINK?

Click on the button below to add a comment.
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
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Extended Flow Test Commences Over Hors... (Feb 8)
 -  Resource Upgrade at SNE Discovery Foll... (Feb 8)
 -  Qatar Petroleum to Acquire Part of Che... (Feb 8)
 -  Sound Energy Granted Option to Acquire... (Feb 8)
 -  Tower Resources Director Retires (Feb 5)


Most Popular Articles

From the Career Center
Jobs that may interest you
Reservoir Engineer - Oil & Gas Sector
Expertise: Reservoir Engineering
Location: San Antonio, TX
 
Director Acquisitions & Divestitures, Houston, Texas Area
Expertise: Petroleum Engineering|Production Engineering|Reservoir Engineering
Location: Houston, TX
 
Vice President, Power & Utilities M&A
Expertise: Asset Management|Business Analyst|Commercial Management|Field Development
Location: New York, NY
 
search for more jobs

Brent Crude Oil : $33.88/BBL 0.52%
Light Crude Oil : $29.69/BBL 3.88%
Natural Gas : $2.14/MMBtu 3.88%
Updated in last 24 hours