The Ensco 56 jack up drill rig is expected to take 7 days to drill the well at the end of which it will be plugged and abandoned, as opposed to being flow tested. The partners said because of the operator's (Woodside) experience in the Carnarvon Basin, the well will be wireline logged instead of being flowtested.
The well is testing a structural high on the greater Argos complex in WA-254-P.
If it is successful, a similar structural prospect on the greater Argos complex in the adjacent permit WA-201-P, (Legendre oilfield Production Licence) will be drilled in the very near future. This permit is held by Apache, Woodside and Santos.
If this second well is also successful the greater Argos complex, which straddles both permits, will be unitised and will be brought into production in the fourth quarter next year at between 7,000 to 10,000 barrels of oil per day. Initial designs centre around a long horizontal well in the reservoir with a sub sea completion tied back to the Legendre production platform some 5 kilometres to the north of the complex.
Participants in Argos 1 are Sun Resources NL 7.8571%, Apache Northwest Pty Ltd 47.8879%, Woodside Energy Ltd 24.3750% (Operator), First Australian Resources Ltd 10.7143%, Victoria Petroleum NL 6.1743%, and Pan Pacific Petroleum NL 2.9914%.
