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Gas pressure was steadily increasing during the DST over the Patchawarra Formation interval 2691-2694m and on Friday was at 440 psi, according to the company. It said the test tool would be kept open to determine maximum flow rates and pressure.
Before completing Cadenza-1 as a future producer, Great Artesian says it tomorrow plans to run a second DST over a separate zone also interpreted to have gas pay.
Energy Investments, a wholly owned subsidiary of Everdue, fully funded the Cadenza-1 well. Now that the well has been confirmed as a future producer, the company will have a 50% interest in a subsequent production licence with Great Artesian holding the remaining 50% share.
The well is located about 2.5 km north-northeast of the Paranta-1 new gas/condensate discovery.
