Kina Petroleum Updates on Kwila-1 Exploration Drilling in PPL 337 in PNG

Kina Petroleum Ltd. (KPL) reported Tuesday on drilling at the Kwila-1 exploration well in PPL 337 in Papua New Guinea.

As at 8.00 am local time July 7 the well was at a depth of 3,281 feet (1,000 meters) and preparing to run wireline logs.

During the week, the well was drilled in a 6.5 inch hole to a depth of 3,281 feet (1,000 meters). The well has intersected both the primary and secondary objectives which comprise thinly interbedded sandstone of good to fair reservoir quality and intercalated siltstone/claystone. The well will now be evaluated by the forthcoming electrical logging program.

Kwila-1 is operated by Heritage Oil Ltd. under a farmout agreement between Heritage and KPL, whereby Heritage will carry KPL through the drilling and, if appropriate, testing of 2 wells. The first of those wells, Raintree-1, has been drilled. KPL will retain a 30 percent participating interest in the License upon completion of drilling, and in the event of a discovery will benefit from a carry through seismic program to appraise the field.


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
Water Management Operator
Expertise: Rig Welder|Well Servicing & Testing
Location: Midland, TX
Downhole Technician I - Bakersfield, CA
Expertise: Driller|Mechanical Technician|Well Control
Location: California, CA
Operator - Coil Tubing
Expertise: Roustabout
Location: Williston, ND
search for more jobs

Brent Crude Oil : $44.82/BBL 2.60%
Light Crude Oil : $42.53/BBL 1.61%
Natural Gas : $2.89/MMBtu 0.68%
Updated in last 24 hours