Gas2Grid Starts Drilling at Onshore Gumamela-1 Exploration Well

Australia's Gas2Grid disclosed in a statement Sunday that it has spudded the Gumamela-1 exploration well in its wholly-owned Service Contract 44, onshore Cebu island, in the Philippines.

Gumamela-1, which targets up to 15 million barrels of recoverable oil, is the second well being drilled in Gas2Grid’s current three-well exploration program. It will test a Miocene age Cebu limestone pinnacle reef, along with secondary targets in the overlying draped sandstone reservoirs of the Malubog and Toledo formations.

Drilling is expected to take around 25 days to reach a total depth of between 3,281 feet and 4,265 feet (1,000 meters and 1,300 meters). Gumamela-1 is sited 3 kilometers (2 miles) of the recently drilled Jacob-1 well, which failed to encounter any hydrocarbon shows while drilling.

Commenting on the results of the Jacob-1 well and the prospects for the Gumamela-1, Gas2Grid said in its statement that "the tight nature of the limestone reservoir encountered in Jacob-1 does not necessarily translate to the Gumamela reef."

Gas2Grid added that Gumamela-1 has good prospects for the sandstone reservoirs that will likely be present in the section overlying the limestone reef target; the same sandstones which are oil and gas bearing in the nearby Toledo and Alegria oil fields. 



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.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  WA Court Orders OBL to Resign as EP487... (May 27)
 -  Real Energy Completes Taramara-1 Fract... (May 27)
 -  Indonesia Awards North Kalimantan's Of... (May 27)
 -  Amec FW Clinches KOC's FEED Contract t... (May 27)
 -  Malaysia's ICON Posts Revenue of $12.8... (May 27)


Most Popular Articles

From the Career Center
Jobs that may interest you
Drilling Engineer Advisor
Expertise: Drilling Consultant|Drilling Engineering
Location: Houston, TX
 
Drilling Engineer
Expertise: Drilling Consultant
Location: Houston, TX
 
Rig Electrician-Temporary
Expertise: Electrician|Rig Electrician
Location: Louisiana, LA
 
search for more jobs

Brent Crude Oil : $49.59/BBL 0.30%
Light Crude Oil : $49.48/BBL 0.16%
Natural Gas : $1.96/MMBtu 1.50%
Updated in last 24 hours