Junior explorer Orchard Petroleum has finally kicked off its 2003 US drilling program after a two month delay due to bad weather conditions in the Sacramento Basin, onshore California.
Orchard said Mackert 4-31 was spudded on the weekend and is currently drilling at 1000ft ahead toward the target depth of 3,700 ft. The well is targeting the 10-15 billion cubic feet Mackert Prospect.
According to Orchard executive director, Stephen Warrener, drilling results should be known in about seven days.
The participants in the well are Orchard Petroleum (50%) and Nahabedian Exploration Group LLC (50%).
ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive
ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.
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.
This industry-wide report aims to understand current cost levels across the energy industry
Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902
