Beach Announces Results From Cooper Basin Block PEL91 Exploratory
Drilling Activity Details
Drilling Activity Summary
Description
In South Australia’s Cooper Basin Block PEL91, Beach Energy reported results from a Western Flank exploration well #1-September. The exploratory targeted Poolowanna oil in a structural closure within Namur Sandstone and tested the McKinlay Member, Birkhead, and Poolowanna as secondary targets. The well intersected an eight-meter gross interval with oil shows within Poolowanna. A drillstem test was performed between 1,927.8 m and 1,936 m and recovered 15.2 bbl of 42-degree-gravity API oil at a calculated flowrate of 210 b/d. It has been cased and suspended as a future oil producer. This discovery validates the Poolowanna as an additional exploration target within the PEL91 permit area. Review of results is currently underway and further production testing is planned to confirm the size of the resource. Further mapping of Poolowanna oil play will occur in 2017, with potential appraisal and near-field exploration activities during 2018. Adelaide-based Beach is the operator of PEL91 and the discovery well with 100% interest.
In South Australia’s Cooper Basin Block PEL91, Beach Energy reported results from a Western Flank exploration well #1-September. The exploratory targeted Poolowanna oil in a structural closure within Namur Sandstone and tested the McKinlay Member, Birkhead, and Poolowanna as secondary targets. The well intersected an eight-meter gross interval with oil shows within Poolowanna. A drillstem test was performed between 1,927.8 m and 1,936 m and recovered 15.2 bbl of 42-degree-gravity API oil at a calculated flowrate of 210 b/d. It has been cased and suspended as a future oil producer. This discovery validates the Poolowanna as an additional exploration target within the PEL91 permit area. Review of results is currently underway and further production testing is planned to confirm the size of the resource. Further mapping of Poolowanna oil play will occur in 2017, with potential appraisal and near-field exploration activities during 2018. Adelaide-based Beach is the operator of PEL91 and the discovery well with 100% interest.