DRILLING

Rethink on the cards for Petratherm well

Hot rock energy hopeful Petratherm said it will have to respud the Paralana-1 well after unstable...

This article is 19 years old. Images might not display.

Petratherm said problems of this nature are commonplace, particularly in areas where there has been little previous drilling to provide information on the most appropriate drilling approach.

“The drill contractor has undertaken testing of the unstable strata from which a modified drilling method has been devised to remedy the problem. Drilling will recommence in approximately one week’s time,” said a company statement.

The targeted completion of the first stage drilling in Paralana-1 well is now mid-February. Petratherm said the two-week delay would have only a minor budgetary impact.

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

Energy News Bulletin Future of Energy Report 2024

With the global energy market in constant development, this report captures the sentiment of key industry players on the future of energy in Australia – and how it has changed through 2024.

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.