EXPLORATION

Beibu Gulf reveals 11m column for Australian partners

Despite a highly viscous oil quality the news continues to be upbeat for the Australian consortium drilling in Block 22/12 in the Chinese Beibu Gulf with operator Roc Oil confirming an 11 metre gross oil column in the Jiaowei Formation, all of which is net oil pay.

Beibu Gulf reveals 11m column for Australian partners

The Wei 12-8-3 appraisal well reached total depth of 1,378 metres before key wireline logs were run and two cores cut in the reservoir and associated section. Currently, wireline operations are being completed prior to acquiring a 3D-VSP seismic survey which is believed to be a “first” for the Asian-Australian region.

The Wei 12-8-3 well is located in 33 metres of water 830 metres north of the 1994 Wei 12-8-2 discovery well which flowed 2,355 barrels of oil per day from the Miocene Jiaowei Formation via a downhole electric submersible pump.

Information collected while drilling Wei 12-8-3, together with the preliminary interpretation of initial wireline log data, the partial examination of two cores cut through the reservoir section and initial analysis of fluid samples, confirmed the oil intersection.

The top reservoir came in approximately three metres high to the discovery well. Reservoir quality is excellent with an average porosity above 30% and inferred multidarcy permeabilities. The Oil-Water Contact (OWC) is consistent with the contact established in the discovery well. At, and just below, the OWC in Wei 12-8-3 there appears to be some thin streaks which display much lower permeabilities and which hold out the possibility that they may act as “aquatards” effectively reducing the rate of water coning should the field be brought on to production.

Wei 12-8-3 also encountered oil shows in top basement which will be subject to further post-drill analysis.

Subsequent to finishing operations at the current well the rig will move to drill the third well, which will also be the first contingent well, in this two to five well drilling program. That well, Wei-12-3-4, will be a down dip appraisal of the 1982 Wei 12-3-1 oil discovery which flowed 36° API oil at 1,380 BOPD from the Weizhou Formation.

The measured viscosity in the current well is higher than pre-drill expectations which had been based on a reinterpretation of the balance of interpretive evidence from the discovery well.

It is expected that Wei 12-3-4 will start drilling towards the end of this week approximately 2 km north of the current Wei 12-8-3 location.

As previously advised the Wei-12-8-3 well will be plugged and abandoned in accordance with the pre-drill program.

“Compared to the discovery well, this latest well has a somewhat thicker oil column, even better reservoir quality, the same oil-water contact and more clearlydefined potential aquatards at the base of the oil column – all of which may be viewed as being encouraging,” said ROC’s chief executive officer, Dr John Doran.

“However, the results also seem to confirm the highly viscous nature of the oil and that is now regarded as the main challenge facing the Joint Venture as it tries to determine if this field can be used as the cornerstone development for this very oily area. Getting to grips with the viscosity issue will be the key focus for our post-drill technical studies”.

The Block 22/12 Joint Venture consists of Roc Oil (China) Company 40% and Operator, Horizon Oil 30%, Petsec Energy 25%, Oil Australia 5%.

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