Beach Energy Discovers New Gas Field Onshore South Australia
Beach Energy Ltd has made a new gas field discovery at Haselgrove-3 ST1, which is located in the onshore Otway Basin in South Australia.
Flow test results from the primary target Sawpit Sandstone indicate a high deliverability reservoir and ‘provide encouragement to move towards the commercialization of a large gas resource’, according to a company statement.
Beach plans to undertake immediate follow-up testing to confirm well deliverability and assess connected volumes and gas composition.
Haselgrove-3 ST1 is located on state forestry land in PPL 62, approximately eight kilometres south of Penola. The well was drilled to a total measured depth of 4,331 metres. Early indications suggest the Sawpit Sandstone could flow at rates greater than 25 million cubic feet per day, Beach revealed.
“We are very encouraged by these results,” Beach’s CEO, Matt Kay, said in a company statement.
“We look forward to continuing our operations in the Otway Basin and are appreciative of ongoing support provided by the local community,” he added.
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