Thursday, June 5, 2008

Garfish well spudded offshore Australia

AUSTRALIA: Nexus Energy has spudded the exploration well Garfish-1 using Seadrill jackup West Triton. The well will take around 14 days to reach the primary target and will be followed by two Longtom production wells in Longtom-4 and Longtom-5.

The Garfish-1 exploration well is in Production License VIC/L29 in the Gippsland Basin. The well was set in 13 and 3/8 inch casing after having reached a depth of 2,345 feet (714 m) true vertical depth, Over the next week a 8 1/2 inch hole will be drilled. The well is planned to reach a depth of 8,146 feet (2,482 m). The primary target of the Garfish-1 well will be to test a seismic anomaly which directly overlies the Longtom gas field. Similar seismic anomalies at Longtom have been shown to indicate the presence of gas bearing reservoir sands. Following the intersection of the primary target, the well will then be deepened to confirm that the main reservoir sands of the Longtom field extend to the western part of the VIC/L29 license area. The Garfish-1 exploration target is calculated to have a possible resource potential of 180 Bcf of gas. The well is expected to take approximately two weeks to reach the primary exploration target.

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