Drillsearch Cases and Suspends Chiton-1 as Future Oil Producer


Cooper Basin Assets
(Click to Enlarge)

Chiton-1 has been cased and suspended as a future Namur Sandstone oil producer. The Ensign 30 rig was released from Chiton-1 at 14:00hrs CST yesterday and is now being moved to the Marino-1 well location, 9.5 kilometers north of the Chiton field.

Marino-1 is expected to spud on or about Saturday, August 22. The well will be addressing mean recoverable oil reserves of 2.0mmbl and a P10 or high side potential of 4.4mmbl (recoverable).

Participants in Chiton-1, Marino-1 and the PEL 91 exploration license are Beach Petroleum Ltd, 40% and Drillsearch Energy Ltd, 60%.
 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Field Technician Intern
Expertise: Field Development
Location: Charlotte, NC
 
Completions Supervisor Job
Expertise: Petroleum Engineering|Production Engineering|Workover or Completion
Location: Houston, TX
 
Production Engineer I Job
Expertise: Production Engineering
Location: Carlsbad, MN
 
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours