Pravda.ru

News » Economics

Santos Begins New Oil Appraisal Drilling - 1 October, 2002 - News

01.10.2002 | Source:

Pravda.Ru

 

Australian Santos has begun an exploration and appraisal oil drilling program in its Carnarvon Basin in Western Australia.

The exploration drilling program includes Bligh 1, which spudded Sep 29 2002, and Immortelle 1 plus the two appraisal oil wells. The Bligh 1 exploration well is in Santos' WA-191-P permit, which also holds two other oil fields discovered earlier this year. Immortelle 1 will be drilled in the TP/7(1) permit south of Barrow Island. Two other appraisal wells will be drilled back-to-back mid-October to optimize a development plan.

Bligh 1, 10 km east of the Mutineer discovery, is targeting an upside oil resource potential of 50-mil bbl. It will be drilled in waters 156 meters deep and is expected to take 19 days.

The second confirmed oil exploration well, Immortelle 1, is scheduled to spud in mid-October within the Carnarvon Basin, but south of Barrow Island in the TP/7(1) permit. Immortelle 1 is regarded as a moderate risk oil target with gross upside potential of 30-mil bbl of oil.

Interest holders in WA-191-P are: Operator Santos (33.4%), Kuwait's KUFPEC (33.4%), Nippon (25%), Woodside (8.2%). Interest holders in TP/7(1) are: Operator Santos (43.71%), Apache (39.66%), Mobil (12.47%), Pan Pacific Petroleum (4.16%)

©

&to=http://www.santos.com.au/v1/default.asp' target=_blank>SANTOS

 







Popular photos


Most popular

Russia wipes out secret centre of Western coalition
Russia wipes out secret centre of Western coalition
The Fars News has reported that ‘The Russian warships fired three Caliber missiles at the foreign officers' coordination operations room in Dar Ezza region, killing 30 Israeli and western officers’.
Angelina Jolie to divorce Brad Pitt. French actress is the cause
Angelina Jolie to divorce Brad Pitt. French actress is the cause
Will Brad Pitt and Angelina Jolie are going to divorce right after their wedding anniversary. Western media reports that the main cause of it is Jolie's jelousy of Pitt's romance with french actress...
Рейтинг@Mail.ru Rambler_s_Top100_Service