Beach Petroleum Finds Gas in Udacha-1 Well


Udacha-1 well, Cooper Basin
(Click to Enlarge)
Beach Petroleum says that once casing is set, Udacha-1 will be suspended to await appropriate completion equipment. Preliminary wireline, mudlog and test evaluation indicates gas saturation in several sands in Udacha-1.

The sand tested by DST-1A (0.44 million cubic ft/day) is interpreted to have approximately 3 meters of net gas pay. Between 3 and 10 meters of additional gas pay is likely in deeper sands that may be further evaluated in a cased hole testing program at a later date.

This program is expected to commence within 2-3 months, but the timing is subject to equipment availability.

Participants in the Udacha-1 well are Beach Petroleum Ltd as operator with 15.00%; Great Artesian Oil and Gas Ltd with 32.50%; Magellan Petroleum Australia Ltd with 30.00%*; Enterprise Energy NL with 12.50%*; Rawson Resources Ltd with 10.00%*;
* subject to commercial discovery

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Maintenance & Reliability Engineer (Expression of Interest)
Expertise: Asset Management|CAD / CAM|HR - General|PR / Corporate Communications|Reliability Engineer
Location: Houston, TX
 
Senior Structural Engineer
Expertise: CAD / CAM|HR - General|Piping Technician|PR / Corporate Communications|Seismic |Structural Engineering|Surveying
Location: Perth, WA
 
Facilities Engineer
Expertise: Budget / Cost Control|Cartography / Mapping|Facilities Engineer|HR - General|IT - SAP / ERP|Mechanic|Mining|PR / Corporate Communications|Project Engineer|Reservoir Engineering
Location: Denver, CO
 
search for more jobs

Brent Crude Oil : $51.03/BBL 1.51%
Light Crude Oil : $47.09/BBL 0.66%
Natural Gas : $2.93/MMBtu 1.38%
Updated in last 24 hours