North Alkimos Oil Field
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Tap Oil reports that the Stuart-1 exploration well located in the Harriet Joint Venture Permit TL/6 offshore Australia will be plugged and abandoned. The well has reached total depth of 2,974 meters measured depth and good reservoir sandstones were intersected at the top of the Flag Sandstone, however, no hydrocarbons were encountered.
The Stuart prospect lies in a similar geological setting to the previous successful oil discovery at Mohave-1. The Stuart-1 well came in close to prognosis and the reasons for failure of the well to find hydrocarbons is uncertain at this time. The Ensco 106 jackup will now briefly depart the HJV.
The next wells in the HJV drilling program will be Jane-2 to be drilled with the Ensco 56 jackup anticipated mid August and Lansdowne-1 to be drilled with the Ensco 67 jackup anticipated in the third week of August.
Harriet Joint Venture Participants are Apache Northwest as operator with 68.5%; Tap Oil with 12.2229% and Kufpec Australia with 19.2771%.
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