Beach Ready to Kick Off Cooper Basin Drilling Program in October

Cooper Basin Permit Locations
(Click to Enlarge)

Beach Petroleum has contracted the Ensign 30 rig for a minimum five well Cooper Basin drilling program that is scheduled to commence on October 8, 2008.

Beach will fully fund and operate the Brownlow-1 and Canunda-1 exploration wells in PEL 106 as part of a farm-in agreement with Drillsearch Energy Limited that will earn Beach a 50% interest in the Beach Farm-in Block of PEL 106. Both wells will target gas/condensate reserves in Patchawarra Formation sands analogous to the Raven and Middleton fields.

Following these wells, two near-field exploration prospects, Gunyah-1 and Perlubie-1, will be drilled in the prolific PEL 92 permit (Beach 75%). These locations lie immediately to the south of the now-producing Parsons Oil Field and will target Jurassic oil objectives. Additional drilling opportunities for the program are being examined.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Completions Supervisor
Expertise: Drilling Foreman / Drilling Supervisor|Production Engineering|Workover or Completion
Location: Watkins, CO
Drilling Supervisor
Expertise: Drilling Foreman / Drilling Supervisor
Location: Houston, TX
Tool Pusher
Expertise: Field Service Tech|Toolpusher|Well Servicing & Testing
Location: Hobbs, NM
search for more jobs

Brent Crude Oil : $59.02/BBL 3.79%
Light Crude Oil : $52.22/BBL 3.07%
Natural Gas : $2.92/MMBtu 1.31%
Updated in last 24 hours