EXPLORATION

Empire upgrades oil prospects for Yeal

After a detailed evaluation of its Eclipse-1 well drilling in April-May this year Empire Oil & Gas has upgraded the Yeal structure to a significant prospect with the potential have an entrapped oil reserve of up to 25 million barrels.

Empire upgrades oil prospects for Yeal

The Eclipse structure was interpreted as a four way dip closed anticline with the well intersecting mostly water wet sands beneath the sealing coal unit of the Cattamarra Coal Measures.

The shales and coals in the Cattamarra Coal Measures are proven source rocks with oil and gas generating potential. It has now been interpreted that a later pulse of gas generation has filled the Eclipse structure with gas and displaced the oil updip and to the west.

This interpretation now has significant implications for the Yeal Prospect to the west of Eclipse-1. If the oil was displaced to the west then the Yeal Prospect could be full of oil.

This interpretation is supported by oil recoveries from Cataby-1 in the company's application 4/02-3 to the north.

An additional seismic survey is planned over the Yeal structure prior to drilling.

Empire has a 100% equity in all of its northern and central Perth Basin permits and will be seeking to farm out interests to assist in exploring the potential oil trend.

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