DRILLING

Taunton-4 tests extension

Tap Oil Ltd has announced that it has successfully spudded its offshore Taunton-4 appraisal well....

This article is 20 years old. Images might not display.

In a media statement, Tap announced, "The drilling is expected to take four days to reach total depth." The company is hoping to drill to a planned total depth of 1,480 metres measured depth.

"Following this well, Blackthorn-1 will be spudded to evaluate the possibility of an additional accumulation and/or extension of the field to the southeast," added Tap who has confirmed the Taunton oil field is currently delineated by four wells - Tauntons 1, 2, 3 and 3ST - and that Taunton-4 is being drilled to appraise the southern tip of the field.

Taunton-4 is located in Block TP/7 (Part 3) of the Carnarvon Basin and is approximately 7.5 km east-southeast of Airlie Island, which is off the coast of Western Australia.

Tap has a 12.474% stake in the TP/7 (Part 3) block, with Santos (BOL) Pty Ltd (holding a 43.711% share) being the operator. The other partners in the JV are Apache Oil Australia Pty Ltd (39.658%) and Pan Pacific Petroleum (South Australia) Pty Ltd (4.157%).

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

Energy News Bulletin Future of Energy Report 2024

With the global energy market in constant development, this report captures the sentiment of key industry players on the future of energy in Australia – and how it has changed through 2024.

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.