Drilling at Phoenix South-1 in Permit WA-435-P Finds More Hydrocarbons

Carnarvon Petroleum Limited (Carnarvon) reported Wednesday that the Phoenix South-1 well in permit WA-435-P in the North West Shelf in Western Australia has completed drilling to a depth of 15,075 feet (4,595 meters) measured depth (MD) after encountering the Locker shale.

A further two minor sands were encountered during the additional 180 feet (55 meters) of drilling. While quantitative analysis has not been undertaken on these two 32.8 feet (10 meters) sands, preliminary indications from the real-time logging data are that these are both hydrocarbon bearing.

Currently the rig is undertaking activities to leave the well in a safe condition, and it is anticipated that the rig will leave location by the end of this month. The cost estimate for the well to completion, including additional drilling, is within the previous guidance of approximately $5.58 million (AUD 6 million) net to Carnarvon.

The equity interest holders in WA-435-P are:

  • Carnarvon Petroleum - 20 percent
  • Apache Energy (Operator) - 40 percent
  • JX Nippon - 20 percent
  • Finder Exploration - 20 percent


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
Well Monitoring Specialist
Expertise: WellSite Supervisor
Location: Houston, TX
Chief Mechanic (6th Gen Drillship)(Contract)
Expertise: Rig Mechanic
Location: Houma, LA
ET (Deepwater Drillship)
Expertise: Rig Electrician
Location: Houma, LA
search for more jobs

Brent Crude Oil : $51.46/BBL 0.61%
Light Crude Oil : $50.52/BBL 0.64%
Natural Gas : $2.83/MMBtu 5.35%
Updated in last 24 hours