Harriet Joint Venture Spuds Rose-4 Development Well

Harriet Joint Venture spudded the Rose-4 development well located in permit TL/1 offshore Australia. The planned total depth of the well is 6,267 meters.

The Rose-4 development well is a deviated well, designed to intersect the Rose gas and condensate reservoirs updip of the Rose-1 discovery well. It is anticipated the well will take around 30 days to complete drilling operations.

The Rose field was discovered in 1998 with the drilling of Rose-1 and appraised through Rose-2 and Rose-3 also in 1998.

The Rose-4 development well is being drilled to increase gas delivery for the Harriet Joint Venture gas contracts, including the Burrup Fertilizers contract which requires approximately 82 TJ/day for 25 years.

TL/1 Joint Venture participants are Apache as operator with 68.5%; Tap Oil with 12.2229% and Kufpec with 19.2771%.

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