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The Richmond-1 well, in licence PEP 38745,is designed to test a seismic amplitude supported, stratigraphic trap prospect at the Miocene-aged Mt Messenger level. The well is expected to take 13 days to reach total depth of 2271 metres measured depth.
The PEP 38745 joint venture participants are operator Bridge Petroleum (33.334%), Tap (New Zealand) Pty (33.333%), and TAG Oil (NZ) (33.333%).
Meanwhile, Richmond partner Tap Oil has also been busy in its home turf of Western Australia.
Tap and its partners in the Carnarvon Basin-based Harriet Joint Venture have reached total depth of 6017 metres at their Bambra-7H development well.
Bambra-7H, a long-reach, dual-lateral horizontal producer designed to develop the oil and gas reserves in the Bambra field, is now being completed for production.
Located in permit TL/1, Bambra-7H is was drilled from the existing Harriet Bravo Platform. The bottom hole location is about 4.9 kilometres northwest of the surface location.
“The Bambra-7H dual-lateral horizontal sections intersected the mapped hydrocarbon column in positions that are projected to optimise the oil production from the Bambra field,” Tap said.
“First gas and oil production is expected by late October 2005.”
The Harriet Joint Venture is: Apache Northwest Pty Ltd (operator) 68.5%, Kufpec Australia Pty Ltd 19.2771% and Tap Oil Limited 12.2229%.