Beach Energy Ltd provided Friday an update on the Nappamerri Trough Natural Gas program (NTNG) in ATP 855 in Queensland and PRLs 33-49 (ex-PEL 218) in South Australia. Fracture stimulation of Geoffrey-1 and Redland-1 in November 2014 completed the Stage 1 work program in Queensland. Upon the completion of fracture stimulation at Boston-2 (PRL 37), expected in early January 2015, the broader NTNG Stage 1 work program will be finished.
(Beach 46.9 percent and operator, Icon Energy Ltd 35.1 percent and Chevron Exploration 1 Pty Ltd 18 percent)
The Geoffrey-1 vertical well, located on the eastern perimeter of the permit, was fracture stimulated over five stages, four in the Patchawarra Formation and one stage in the Epsilon Formation. The well commenced cleaning up Dec. 7, with early results indicating a flow rate of 0.7 MMscf/d and increasing. The tubing pressure of 4,420 psi is expected to result in a materially higher stabilized rate over the coming week.
The Redland-1 vertical well, located in the northern part of the permit, was fracture stimulated over three stages in the Toolachee Formation. The well commenced cleaning up Dec. 11, with initial flow test results expected during the week beginning Dec. 15.
(Beach 70 percent and operator, Chevron 30 percent)
The joint venture has approved the fracture stimulation of the Boston-2 well (PRL 37) over eight stages. Boston-2, located 1,049 feet (320 meters) south east of Boston-1, was drilled in 4Q FY13. The fracture stimulation spread is now on-site, with the first stage expected to be placed in early January 2015.
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