GAS

Paprika reaches total depth, delivers multiple shows

PAPRIKA Joint Venture operator Great Artesian Oil and Gas said the Paprika-1 gas exploration well...

Paprika reaches total depth, delivers multiple shows

“A number of possible hydrocarbon-bearing zones have been penetrated within the Patchawarra Formation, with shows continuing till total depth through the Tirrawarra and Merrimelia Formations,” Great Artesian said.

“Wireline logs will now be run to evaluate these zones. Evaluation is likely to continue for several days.”

Paprika-1 is testing an anticlinal structure about 13km southwest of the Cadenza-1 new field gas discovery, 7.5km northwest of the Rossco-1 new field gas discovery, 10km south of the Nulla field and 7.4km north of Smegsy field.

Based on nearby well penetrations, there could be up to 50m of stacked net sand and pre-drill estimates of the volumetric potential for in-place gas range between 9 billion cubic feet (P90) and 70 bcf (P10) with a P50 of 30 bcf, according to Great Artesian.

Ensign Rig #30 started drilling Paprika-1 at 0100 CST on June 11.

Paprika-1 is being fully funded by farminees Kompliment (a subsidiary of Energy Investments) and Traditional Oil Exploration (a subsidiary of Enterprise Energy).

In the event of a commercial discovery, interests in any resultant production license will be Great Artesian (operator with a 50% stake), Energy Investments (37.5%) and Enterprise Energy (12.5%).

Paprika-1 is the fourth well drilled within PEL 106 this year. All three previous wells – Udacha-1, Middleton-1 and Cadenza-1 – have been cased and suspended as new field gas discoveries and potential future gas/condensate producers from the Patchawarra Formation.

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