Oil Search: First Sidetrack Plugged, Second Successful at Paua

Oil Search reports that as on March 6, the NW Paua 1 ST2 well was at a depth of 2,058 metres.

During the week, the first sidetrack, ST1, was unsuccessful in gaining departure from the original hole and was plugged back. A second sidetrack, ST2, commenced drilling and this has successfully departed from the original hole and is being directionally steered to the downhole target. Current operations are running in hole prior to drilling ahead to the next casing point.

NW Paua 1 is located in PDL 5, five kilometres northeast of the Moran oil field and six kilometres northwest of Paua 1x. The well is being drilled by the PPL 233 Joint Venture. Paua 1x was drilled on the steeply dipping and faulted forelimb of the Paua anticline in the mid 1990s and encountered oil shows in the Toro Sandstone and recovered oil from the Iagifu Sandstone. NW Paua 1 is targeting the Toro and Digimu sandstones in a more optimal location on the known hanging-wall structure. The planned total depth of the sidetrack is approximately 3,600 metres.

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