DRILLING

Might & Power-1 makes the grade: Stuart

COOPER/Eromanga Basin partners Beach Petroleum and Stuart Petroleum are currently casing and susp...

This article is 18 years old. Images might not display.

Operator Stuart told the Australian Stock Exchange that drill stem test 3 run over the interval 1196.1-1199m in the McKinlay Member recovered two barrels of oil in the drill pipe.

DSTs 4 and 5 were mis-runs and as a result, the Murta Member will be evaluated further during completion operations.

Stuart holds a 66.7% stake in Might & Power-1, while Beach owns the remaining 33.3%.

Might & Power-1, named after a racehorse that won the 1997 Melbourne Cup, was the second well to be drilled in Stuart's four-well, back-to-back drilling program.

The first well, Tawriffic East-1 in PEL 93, was plugged and abandoned after failing to encounter hydrocarbons.

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