NEWS ARCHIVE

Central spins drillbit in Perdika Basin

CENTRAL Petroleum is using the Hunt Rig No.2 to drill the Blamore-1 wildcat in the Perdika Basin ...

Central spins drillbit in Perdika Basin

The well, which spudded on Saturday, has a planned total depth of 2500m, targets the top Algebuckina Sandstone, Poolowanna Formation and the Tirrawarra Sandstone as its primary objectives.

Managing director John Heugh told PNN that Blamore-1 was the most important well to be drilled in Central Australia since 1982 as it marked the start of a major exploration program since that time.

Blamore-1 is to be followed by up to three coal seam methane exploration wells, the first stage of exploration for resources that Central estimates to be 34-70 trillion cubic feet recoverable.

These will be followed by the Simpson-1 oil well, which is targeting up to 70MMbbl of oil recoverable.

Some of the CSM wells will also test deeper oil and gas potential in conventional reservoirs.

Heugh had said during the Excellence in Oil & Gas Conference in May that subject to drilling success and the results of new seismic, Heugh said Central might keep the rig in the Pedirka to drill additional prospects before releasing it for the 2008 Amadeus Basin drilling program, which will include Mt Kitty-1 and Ooraminna-2.

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