Beach managing director Reg Nelson said Kenmore-34, which spudded on Thursday morning, was to assess a possible northwesterly extension of the Kenmore field, as indicated by 3D seismic.
He expected Kenmore-34 - the fourth well in a six-well program being undertaken by Beach in the Bodalla Block and ATP 269P - to reach the planned 1465m TD by early next week.
Meanwhile, blowout preventers (BOPs) are being installed at the offshore Western Australian Hurricane-1 well (WA-208P) after intermediate casing was set at a depth of 1757m.
Beach Petroleum owns 100% of the Kenmore Field, and is earning a 10% stake in WA-208P.