OPERATIONS

First oil from Kiana

GREAT Artesian Oil and Gas has produced its first crude oil, following testing of the Kiana-1 discovery well in Cooper Basin permit PEL 107, the company said today.

First oil from Kiana

The first shipment of 64,700 litres of crude oil - about 407 barrels - was uploaded into tanker trucks and sent to Moomba on Monday for refining and transportation to market, Great Artesian said.

The crude is being produced during testing by operator Beach Petroleum for the joint venture, which comprises Beach (40%), Great Artesian (30%) and Magellan Petroleum Australia (30%).

Production testing in DST-4 of a 1939m to 1948m interval in the Patchawarra Formation started on Saturday and is expected to take one to two weeks to complete, Great Artesian said.

Depending on the results, the production testing facilities will be upgraded to allow for permanent or semi-permanent storage and truck on-loading facilities, chairman Norm Zillman said.

Once the results have been evaluated, the joint venture will consider drilling a Kiana-2 well.

Currently two 880-barrel storage tanks, a gas liquids separator and various well head equipment have been installed at the Kiana-1 site.

A deeper zone, which recovered oil in a formation-testing tool at Kiana-1, may also be tested at the end of this current program. Hole conditions had initially prevented open hole drill stem testing of this interval, the company said.

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