OIL

Hydrocarbon shows at Fairbridge

AS of this morning, the Fairbridge-1 exploration well in Cooper Basin permit PEL 100 had reached ...

This article is 19 years old. Images might not display.

No shows were recorded in the Hutton or Pooloowanna formations.

The well is currently drilling ahead in 8.5-inch hole, towards the Tinchoo objective at 2404m.

Fairbridge lies close to the Keleary and Telopea oil fields and is on the spill path of both fields, according to Cooper Energy.

The well spudded on December 27 and Depending is expected to take between 18 and 23 days to drill and evaluate. It is being drilled by the Ensign Drilling Rig 30 to a planned total depth of 2630 metres.

Interests in Fairbridge-1 are Cooper Energy (operator) 38.33%, Sundance Energy 46.67%, Enterprise Energy 10%, and US independent Liberty Petroleum 5%.

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

Future of Energy Report: Nuclear Power in Australia 2024

Energy News Bulletin’s new report examines what the energy and resources industry thinks of the idea of a nuclear-powered Australia.

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.