Australia’s Mosaic Oil is primed to complete the Taylor-19 development well in Queensland’s Surat basin for production after hitting 3.6 metres of net gas/condensate pay with a potential new pool gas discovery of 18 metres net pay.
The well in licence PL-16, which Mosaic holds 100% interest, reached a depth of 2055 metres. Wireline log and pressure data showed the well encountered 3.6 metres of net/gas condensate pay in the primary target show ground sandstone formation over an interval from 2008 metres to 2012 metres. The results have confirmed the presence of interpreted attic gas/condensate reserves up dip from the Taylor-16 oil and gas producer. Moreover, the well has hit 18 metres net pay of sandstone reservoir with elevated gas readings, while drilling of up to 1413 units within the Moolayember formation from 1917 metres to 1940 metres. Although the interpretation of wireline log and pressure survey data is inconclusive at this stage, the zone is potentially gas charged, Mosaic said. Mosaic expects the well will be completed for production over the next two weeks.
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