DRILLING

Location likely to make Nutmeg/Paranta commercial

Great Artesian Oil & Gas has continued to the next phase of its Cooper Basin program with product...

Location likely to make Nutmeg/Paranta commercial

Production tubing is currently being run inside the production casing of Nutmeg-1 and testing will commence later this week. Three sandstone intervals of the Lower Patchawarra Formation will be tested and one interval of the Epsilon Formation.

The testing will provide data on the content, composition, reservoir properties and the deliverability of interpreted hydrocarbon bearing zones.

Immediately following the Nutmeg-1 test the rig will move to the Paranta-1 gas and condensate discovery about six kilometers away where it will run tests on interpreted hydrocarbon bearing intervals within the Patchawarra Formation.

Although flow rates will not be known until tests are completed the company believes that the close proximity of the wells to the Santos operated gas pipeline would make even moderate flow rates commercial.

Great Artesian holds a 100% interest in PEL 106 which contains both wells in the South Australian Cooper Basin.

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