Amadeus Basin, Australia
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The Palm Valley-11 ST development well reached a total depth of 2,214
meters without encountering a commercial gas flow from reservoir fractures. An open-hole flow test at total depth resulted in a weak air blow which died after 45 minutes
with no gas to surface. The operation at 06:00 hours (Central Australian Time)
today was building mud volume and laying out the bottom-hole assembly prior to
wire-line logging, which will be carried out later today. Once wire-line logs
have been acquired, the well will be plugged and abandoned.
The Palm Valley-11 ST well is located on the Palm Valley gas field
approximately 120 kilometers west-southwest of Alice Springs, Northern
Territory, in the north-central part of the Amadeus Basin.
Participants in the Palm Valley-11 ST well are Magellan Petroleum (N.T.) Pty Ltd as operator with 52.023% and Santos with the remaining 47.977%.