The oil was trucked to Moomba for sale to the South Australian Cooper Basin Producers (SACBP).
Production is expected to ramp up from a free-flow rate of 400 barrels per day to 600 barrels per day, after another potential oil bearing zone below the Patchawarra is perforated and tested in the near future.
Great Artesian says the well would be put on pump once the free-flow rate is depleted. To date, there has been no water and minimal gas production from Kiana-1, the company said.
In addition, a petroleum licence – PPL 212 – was last month granted over the Kiana Oil Field.
Participants in Kiana-1 are: Beach Petroleum Ltd (Operator) 40%, Great Artesian Oil and Gas Limited 30% and Magellan Petroleum (Southern) Pty Ltd 30%.
Elsewhere in the Cooper Basin, Great Artesian says construction of the Smegsy Pipeline was well advanced, despite rain causing short delays.
The company said it expected commissioning of the pipeline to occur by the end of this month, with initial gas flow to occur about the same time.
“This will be the first third party gas sales to the SACBP in the Cooper Basin,” Great Artesian managing director Ray Shaw said.
“As such, it represents a significant milestone, not only to Great Artesian, but to key stakeholders in the region.”
The Smegsy Block joint venture comprises Great Artesian (75% and operator) and Enterprise Energy (25%).
