Key Petroleum Decommissions Dunnart-2 Well

Key Petroleum announced Tuesday that no commercial hydrocarbons flowed to surface following testing operations at the Dunnart-2 well, onshore Australia.

As a result the well, located within the EP437 license in the Perth Basin, has been decommissioned and the rig used at the project has been released. Key Petroleum is the operator of EP437 with a 43.47 percent interest. Joint venture partners Rey Resources and Caracal Exploration hold 43.47 percent and 13.06 percent interests, respectively.

In a company release, Key Petroleum stated that it "considers EP437 as prospective and continues to discuss options for drilling additional wells including the Conder South and Wye Knot prospects".



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
 -  Petrofac Suspends Group Chief Operatin... (May 25)
 -  EnQuest On Track For Kraken First Oil ... (May 25)
 -  Energean Signs Lease Agreement for Exp... (May 25)
 -  Seadrill CEO Praises Workforce (May 24)
 -  Serinus Shuts-In Sabria Field Due to S... (May 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
Frac Supervisor - TX, ND, WY & OK
Expertise: WellSite Supervisor
Location: El Reno, 
 
United States Bossier City: Service Supervisor I - Frac/Acid
Expertise: Field Service Tech|WellSite Supervisor
Location: Bossier City, LA
 
Completions Supervisor Job
Expertise: Petroleum Engineering|Production Engineering|Workover or Completion
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $53.96/BBL 0.35%
Light Crude Oil : $51.36/BBL 0.21%
Natural Gas : $3.209/MMBtu 0.34%
Updated in last 24 hours