DRILLING

Anzoil re-boots Utopia well

In an effort to give production a boost, Anzoil has re-perforate the Utopia No. 3 well, one of th...

The effort appears to have worked for Anzoil as initial pump testing has indicated a production rate of 160 barrels of fluid per day. A stabilised oil and water rate is expected to be achieved in the next few days after removal of completion fluid from the well.

Anzoil only recently acquired a 45% interest in the Utopia oilfield on the 30th April 2003. The field is located in ATP560P in South West Queensland and produces oil from the Murta formation. Production has averaged 45 bopd during 2003. AZL has estimated the field contains proved and probable reserves of 0.56 million barrels, net to Anzoil.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry