Comet Ridge Spuds Second CSG Pilot Well Onshore Queensland

Australia-listed Comet Ridge revealed Friday that is has spud the coal seam gas pilot well – Mira 4 – at its ATP 337P Mahalo asset, onshore Queensland.

In its disclosure, Comet Ridge said that Mira 4 is expected to reach a depth of 1,071 feet (310 meters). Like the recently drilled Mira 3 well, Mira 4 targets the permit's main Castor Pollux reservoir.

Mira 4 is sited less than one mile southwest of Mira 3 and it is approximately 155 miles (250 kilometers) west of Gladstone in central Queensland. Mira 4 is the second well in an eight-well program for the Mahalo joint venture, and the second of four pilot wells in the Mira field.

Comet Ridge is also in the midst of constructing field facilities and tanks needed at the Mahalo pilot, it announced at an annual general meeting address in November. The company is targeting for start-up of the facilities this year.

Comet Ridge holds a 35 percent stake in the permit, while Santos and APLNG each hold a 30 percent stake. Stanwell Corporation, which retains an option to increase its share in the project, holds the remaining five percent stake.


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.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Natural Gas Engine Mechanic
Expertise: Mechanic|Mechanical Technician
Location: Louisiana, United States, LA
Third Party Inspector - Fire Pumps | IL | URGENT
Expertise: Client Representative|Fire Protection|QA / QC / Inspection
Location: Oswego, IL
Comp-Ex 01-04 Electrical Inspector | E&I | WI | 2018
Expertise: Client Representative|Electrical Engineering|QA / QC / Inspection
Location: Appleton, WI
search for more jobs

Brent Crude Oil : $55.48/BBL 0.25%
Light Crude Oil : $49.91/BBL 0.04%
Natural Gas : $3.15/MMBtu 4.30%
Updated in last 24 hours