DRILLING

Cleansweep-1 test recovers oil: Stuart

A DRILL stem test has recovered 74 barrels of 42-degree API oil, with no water, in the Cleansweep-1 exploration well, in Cooper Basin permit PEL 100, according to operator Stuart Petroleum.

Cleansweep-1 test recovers oil: Stuart

Stuart said the test was run over the Birkhead Formation for four hours, before drilling resumed towards a depth of 2412m in the Poolowanna Formation.

An oil show was noted in this zone and will be further evaluated by wireline logs and a drill stem test.

Before drilling started, Stuart estimated that Cleansweep-1 had the potential to find 950,000 barrels of oil at the P50 level of confidence in the Paning, Birkhead-Hutton and Poolowanna Formations, with secondary potential in the Tinchoo Formation.

Once drilling is finished, interests in PEL 100 will be: Stuart (operator - 50%), Sundance Energy (23.333%), Cooper Energy Limited (19.167%), Enterprise Energy (5%) and Liberty Petroleum Corporation (2.5%).

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