OPERATIONS

Arc chuffed with Hovea-12 result

IN WHAT it describes as an outstanding result, operator Arc Energy said its Hovea-12 development ...

This article is 18 years old. Images might not display.

Hovea-12 was the first development well to be drilled at the field and follows on from the Hovea-11 well drilled in September 2004.

Arc managing director Eric Streitberg said these initial flow rates were higher than expected.

“This is an outstanding result for the Arc team,” he said.

“The well has been placed on test production only four days after rig release and will immediately add substantially to production rates from the Hovea field.”

Over the past week, the well was perforated over an 8m interval at the top of the Dongara Sandstone reservoir, where the clean-up flow was undertaken followed by a production test through the test separator.

Production testing of the well will take place through the temporary flow line until a permanent one is installed in the next fortnight, according to Arc.

Arc is operator and equal partner in the Hovea oil field with Origin Energy.

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

Energy News Bulletin Future of Energy Report 2024

With the global energy market in constant development, this report captures the sentiment of key industry players on the future of energy in Australia – and how it has changed through 2024.

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.