Blue Energy Continues Drilling at ATP813P in Australia's Galilee Basin

Blue Energy, an Australian coal seam gas exploration and production company, provided a weekly update report with respect to the drilling of the Company's Stagmount 1 exploration well in ATP813P, Galilee Basin, Central Queensland, Australia.

Stagmount 1 is the first well in a two well program to be drilled in the permit this year.

The primary objective of the well is to increase the resource potential of the permit with the two-well program estimated to potentially add up to 500 Petajoules (PJ) of Contingent Gas Resource to the currently assessed resource base in the wholly-owned Blue Energy permit. To achieve this objective, continuous core will be obtained through the Betts Creek Beds in Stagmount 1 to assess the thickness, gas content and quality of coals within the formation.

Stagmount 1 Operations

  • Stagmount 1: Spud Date - 15:00 hours Nov. 3
  • 06:00 depth: 3,782 feet (1,153 meters) RT Total Depth
  • Current operations: Running wireline logging operations
  • Forward plan: Acquire wireline logs then plug and abandon the well

Stagmount 1 Exploration Well

The Stagmount 1 exploration well is located in Blue Energy's 100 percent owned ATP813P in the Galilee Basin of central Queensland. The well is situated approximately 24 miles (40 kilometers) north of the town of Aramac.

ATP813P Resource Assessment

Netherland, Sewell and Associates (NSAI) have independently assessed Blue Energy's 100 percent owned ATP813P as currently containing 544PJ of Contingent Gas Resource (3C), based on existing well data. The current-two well program undertaken by Blue Energy is designed to significantly add to this resource base.


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

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Drilling Supervisor - Land
Expertise: Company Man|Drilling Consultant|Drilling Foreman / Drilling Supervisor
Location: Opportunities Throughout the Lower 48
Completions Supervisor
Expertise: Company Man|WellSite Supervisor|Workover or Completion
Location: Richmond, TX
Field Engineer-Wireline
Expertise: Drilling Foreman / Drilling Supervisor|Perforation
Location: Odessa, TX
search for more jobs

Brent Crude Oil : $50.47/BBL 0.98%
Light Crude Oil : $49.72/BBL 1.09%
Natural Gas : $2.76/MMBtu 1.09%
Updated in last 24 hours