Target Drills Ahead in the Sydney-1 Well, Progresses Fairway Project

Target Energy said Wednesday that it is drilling ahead in the Sydney-1 well, after having successfully addressed a technical issue relating to a loss in circulation at 5,915 feet.

The company will be drilling ahead in the sidetrack well; it is aiming to reach a target depth of 7,415 feet.

Target revealed in January that it was experiencing problems with progressing in the Sydney-1 well. The company said in an earlier disclosure that it experienced issues with swelling shales and gravels in the shallower of the well section.

Sydney-1 is part of Target's onshore Fairway four-well program. The other three wells in the project are the Darwin-1, Darwin-2 and Darwin-3 wells.
 



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.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Rosneft Sells 15% Stake in Vankorneft ... (Sep 4)
 -  Gazprom, CNPC Sign MOU on Gas Supply P... (Sep 4)
 -  Pertamina's January-July 2015 Oil, Gas... (Sep 4)
 -  Statoil Hits Oil in Northern North Sea (Sep 4)
 -  Europa Oil & Gas: Wressle Discovery Co... (Sep 4)


Most Popular Articles

From the Career Center
Jobs that may interest you
General/Sales Manager - Chemicals
Expertise: Cementing|Chemical Engineering|Coil Tubing|Field Development|Fracturing|MWD / LWD|Petroleum Engineering|Pipeline Services|Research & Development|Slickline|Stimulation |Technical Sales|Well Servicing & Testing|Workover or Completion
Location: TX
 
Top Drive Technician
Expertise: Mechanical Technician|Rig Electrician|Rig Mechanic
Location: Williston, ND
 
Senior Drill Rig Operator
Expertise: Drilling Foreman|Gas Plant Operations|Rig Manager
Location: Farmington, NM
 
search for more jobs

Brent Crude Oil : $50.68/BBL 0.35%
Light Crude Oil : $46.75/BBL 1.08%
Natural Gas : $2.73/MMBtu 3.01%
Updated in last 24 hours