DRILLING

Knight getting a closer look at Sea Lake-1

KNIGHT Industries has temporarily suspended its Sea Lake-1 well in the Murray Basin, northwest Vi...

Knight getting a closer look at Sea Lake-1

FairStar said the decision was made after results from a drill stem test were inconclusive and further examination indicated that the drill stem test tool opened prematurely within the hole, giving a miss run result.

The test was carried out over an interval of natural gas show encountered while drilling in the Warina sands.

Hunt Energy's Rig 3 will remain at the well site while further evaluation and testing is carried out.

Fairstar has paid Knight $1 million for the cost of drilling the well to earn a 60% stake in PEP 165.

The company has previously said that regional seismic data has shown Cooper Basin-equivalent sections may be present in the permit.

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