DRILLING

Beach to crank up Parsons reserves

BEACH Energy says the success of its development campaign in PEL 92 of the Cooper Basin is expected to increase reserves for the Parsons field by more than 800,000 barrels of oil.

Marija Stojkovic

The company announced on Thursday it had another success with the development program after the Parsons-5 development well encountered a 6 metre oil column in the Namur Sandstone reservoir. Parsons-5...

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