Buru Provides Update on Ops at Ungani Far West 1 Well in Canning Basin

Buru Energy Ltd. provided Thursday the following weekly update on drilling operations at the Ungani Far West 1 well in the Canning Basin, Western Australia as at 06:00 hours, Feb. 4.

Since the last progress report, the well was cored ahead in 3.99 inch (101 millimeter) hole to the current depth of 7,890 feet (2,405 meters) where a bit trip was undertaken and a wireline logging program commenced.

Core recovery has been excellent and oil shows in the core have continued to be observed. The significance of the shows will be determined once the full wireline logging and pressure measurement program has been completed.

Light oil with an API gravity of 41 degrees has been recovered from the wellbore during logging operations.

The forward plan is to complete the wireline logging operations and obtain wireline pressure data. At the completion of the well operations a completion string will run and the well will be tested to recover oil samples and determine reservoir productivity.

Further information will be released once the wireline logging and pressure sampling program has been completed.

The well is located on an all weather drilling pad approximately 0.62 mile (one kilometer) off the Ungani access road within Production License L21, 60 miles (97 kilometers) east of Broome and 2 miles (3.3 kilometers) southwest of Buru Energy's Ungani Oilfield in the Canning Basin of northwestern Australia.

The well is being drilled under the terms of the Ungani Development Funding agreement with Diamond Resources (Fitzroy) Pty Ltd. Equity and contributing interest for the well are as follows:

  • Buru Energy: Equity Interest - 50 percent; Contributing Interest - 0 percent
  • Diamond Resources (Fitzroy): Equity Interest - 50 percent; Contributing Interest - 100 percent

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.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Rig Medic
Expertise: Rig File Clerk
Location: Houma, LA
 
Drill Tool Inspector (Level II)
Expertise: Casing|Pipe Inspection / NDT|QA / QC / Inspection
Location: Morgantown, WV
 
Assistant Research Specialist
Expertise: Drilling Engineering|Geotechnical Engineer|Project Engineer
Location: College Station, TX
 
search for more jobs

Brent Crude Oil : $42.46/BBL 0.56%
Light Crude Oil : $41.6/BBL 1.11%
Natural Gas : $2.87/MMBtu 0.00%
Updated in last 24 hours