Halladale-1 DW-2 Encounters Gas
Origin Energy reports that the Halladale-1 DW-2 exploration well has encountered a gross gas-bearing interval of 21m (total vertical thickness) in interbedded sands and shales of the Waarre Formation. The well has now reached a total depth of 1941m MDRT (measured depth below the rotary table), and wireline logging and sampling operations are in progress.
The well is located in offshore exploration permit VIC/P37(v) approximately 4 km from shore and 24 km west of the coastal township of Port Campbell.
Halladale-1 DW-2 is the second exploration well to be drilled from this surface location. The well has been sidetracked from the original Halladale-1 well bore and had been drilled deviated towards the north to evaluate the Halladale prospect. The previous well, Halladale-1 DW-1 (Location Black Watch), was drilled deviated to the south and evaluated the Black Watch Prospect, which was also found to be gas bearing in the Waarre Formation.
Results to date of Halladale-1 DW-2 are in line with expectation based on the results of Halladale-1 DW-1 and the position of Halladale-1 DW-2 on the Halladale prospect.
The two wells are being drilled using Diamond Offshore's, Ocean Patriot, semisub with drilling operations managed by Woodside Energy Ltd under an agreement with Origin Energy.
Participants in Halladale-1 DW-2 are Origin Energy Limited as operator with 37.5% and Woodside Energy Limited with 62.5%.
Operates 3 Offshore Rigs
- Woodside To Raise $2B, Look To Offshore Gas Project For Growth (Feb 14)
- Chevron Starts LNG Output at Australia's Wheatstone (Oct 09)
- Global LNG: Faltering Supply Prompts Short-Covering Price Rally (Aug 11)
Company: Origin Energy more info
- Beach Energy Buys Origin's Lattice in $1.25 Billion Deal (Sep 28)
- Energy Titans Get Schooled in Sharing as Billions Seen Blown (May 09)
- Australia's Origin Energy Doubles Stake In Beetaloo Shale Gas Field (May 05)
Company: Diamond Offshore more info
Manages 18 Offshore Rigs
- New Contracts Drive Diamond Offshore's Profit Beat; Shares Rise (Oct 30)
- Diamond Offshore's Profit Beats Estimates On Lower Costs (May 01)
- Offshore Drillers Still Seeking Recovery Enjoyed by Shale (Feb 07)