The latest success in the Surat-Bowen Basin field was the Lark 1H well, which flowed gas and oil to surface. The company has announced a work over rig will install production tubing to establish quantifiable flows and connect the well into the gas pipeline.
The oil flowing from Lark 1H is similar to the oil being produced from the nearby Link well four kilometres away. Tinker's two, three and four have already flowed gas to surface at varying rates
"For safety reasons, the oil was flared as it was produced so no accurate flow rate could be measured. However, a work over rig already on site at Tinker 4H (4km away) will install production tubing next week so that the well can be tested as soon as possible," said Dr Howard Brady, CEO of Mosaic Oil.
"We are releasing the coiled tubing unit today and are very satisfied to have finished the first under-balanced horizontal coiled tubing operation in Australia with a 100% success rate."
Adding to the company's good fortune is the fact that the Tinker Field is wholly owned by Mosaic and is already connected by a series of gas pipelines to Mosaic's treatment plant at Silver Springs.
