Beach Energy Finds Oil at Stanleys-1 Well in PRL 171 in SA's Cooper Basin
Beach Energy Ltd. reported Tuesday a new Birkhead Formation oil discovery at Stanleys‐1 in PRL 171 (Beach 40 percent and operator, Drillsearch 60 percent) in South Australia's Cooper Basin and provides initial results from the first development well of the second Bauer Field pad drilling campaign.
Stanleys‐1
Located in PRL 171 (within the former PEL 91) on the Western Flank, the Stanleys‐1 exploration well is located 2.4 miles (3.9 kilometers) north‐east of the Balgowan‐1 oil discovery and 2.1 miles (3.5 kilometers) south‐west of the Spitfire Field.
Stanleys‐1 reached total depth March 5 with strong oil shows encountered through the Birkhead Formation. Wireline logs indicated a 22.9 foot (7 meter) gross reservoir interval corresponding to the strong oil shows. A drill stem test over an interval from 5,620 feet (1,713 meters) to 5,656 feet or 1,724 meters (measured depth) recovered 23 barrels of oil over 117 minutes at a calculated rate of 280 barrels of oil per day. Consequently, Stanleys‐1 will be cased and suspended as a future oil producer.
Once the well is cased and suspended, the Ensign 930 rig will move from Stanleys‐1 to Longbottoms‐1, the next oil exploration well in the former PEL 91 permit.
Bauer‐23
The second four‐well pad drilling campaign commenced in the north of the Bauer Field in February, targeting the highly productive Namur Sandstone reservoir and overlying McKinlay Member. Top hole batch drilling at Bauer‐20, ‐21 and ‐22 was completed in February, with Bauer‐23 subsequently drilled to total depth.
Real‐time logging while drilling data from Bauer‐23 indicated the target top Namur Sandstone was intersected approximately 9.8 feet (3meters) high to prognosis, with a preliminary estimate of 19.6 feet (6 meters) of net oil pay and an additional 13.1 foot (4 meter) oil bearing gross interval of overlying McKinlay Member. The well will be cased and suspended as a future producer.
WHAT DO YOU THINK?
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.
- Gunvor CEO Sees Russian Refining Capacity Taking Hit from Drone Strikes
- Sinopec Engineering Posts Higher Annual Petrochemicals Revenue
- Subsea7 Secures Contract to Service Woodside's Trion
- These Factors Helped Brent Oil Price Break Above $85
- Imperial Pipeline in Winnipeg Goes Offline for Three Months
- Adnoc Inks Supply Deal for Ruwais LNG Project with Germany's SEFE
- Gaz System to Acquire Gas Storage Poland
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- EIA Drops 2024 Henry Hub Gas Price Forecast
- EIA and Standard Chartered Offer Up Latest Oil Price Predictions
- Red Sea Region Sees Another Watershed Incident
- Chevron Oil Project in Kazakhstan to Cost $48.5B
- OPEC Voices Encouragement after IEA Affirms Support for Oil Security
- Biden Govt Bares Strategy for Freight Charging, Hydrogen Fueling Infra
- Rystad Looks at the Buzz Around White Hydrogen
- Ukraine Hits Third Russian Refinery In Escalating Drone Strikes
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Is Peak Oil Demand Close?
- Vessel Sinks in Red Sea After Missile Strike
- JP Morgan, Standard Chartered Reveal Latest Oil Price Forecasts
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Rystad Forecasts Net Production of Top Permian Producers in 2024
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension