Partners Beach Petroleum and Magellan Petroleum have plugged and abandoned the Henley-1 well in the Cooper Basin.
A number of drill stem tests recovered oil in the drill string but there was not enough flow to push the fluid to the surface.
Explorationists at Beach said they were pleased the well had found live oil, even if the end result was non-commercial.
The second DST recovered 1.5 barrels of drilling mud and 0.3 of a barrel of oil while the third DST recovered 1.5 barrels of drilling mud and 0.5 barrels of oil.
ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive
ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.
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.
This industry-wide report aims to understand current cost levels across the energy industry
Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902
