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?

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
 -  CNOOC Commences Production from Enping... (Jan 18)
 -  Statoil Granted Drilling Permit for We... (Jan 18)
 -  Gazprom Chairman, Moldova President Di... (Jan 18)
 -  Eni: Oil, Gas Discovery in Norwegian S... (Jan 17)
 -  Tullow Finds Oil in Kenyan Erut-1 Well (Jan 17)


Most Popular Articles

From the Career Center
Jobs that may interest you
United States Duncan: Entry Level Machine Operator
Expertise: Production Operator
Location: Duncan, OK
 
United States Odessa: Entry Level Operator Assistant I - Logging and Perf
Expertise: Production Operator
Location: Odessa, TX
 
United States Elmendorf: Entry Level Operator Assistant I - Frac/Acid
Expertise: Fracturing
Location: Elmendorf, TX
 
search for more jobs

Brent Crude Oil : $55.47/BBL 0.69%
Light Crude Oil : $52.48/BBL 0.30%
Natural Gas : $3.41/MMBtu 0.29%
Updated in last 24 hours