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    Drillsearch Starts Cooper Basin Drilling Program

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Summary

Drillsearch Energy has commenced a three well exploration drilling program in its 100% owned and operated portion of the Western Cooper Wet Gas Project in PEL 106A.

by: Shardul

Posted in:

Asia/Oceania

Drillsearch Starts Cooper Basin Drilling Program

Australia based Drillsearch Energy has commenced a three well exploration drilling program in its 100% owned and operated portion of the Western Cooper Wet Gas Project in PEL 106A.

The company will primarily focus on conventional wet gas accumulations in high quality sands in the Patchawarra Formation. This program will drill three prospects: Wamberal-1, Moruya-1 and Narrabeen-1.

The program is targeting up to 61 BCF of recoverable raw gas and 2.4 mmboe of condensate and LPGs on an aggregate best estimate basis, the company said. Conventional gas accumulations in the Western Cooper Wet Gas Project Area typically contain gas with significant associated quantities of condensate and LPGs ranging from anywhere between 30 to 180 BOE per 1 mmscf of recoverable raw gas, it said in a statement.

In addition to primarily targeting conventional sands of the Patchawarra Formation, the program’s secondary target is the identification of oil and gas resources in tight sands of the Patchawarra, Tirrawarra, Epsilon and Toolachee Formations as well as the shale gas potential within the Roseneath and Murteree Shale. As part of the drilling of Moruya-1, Drillsearch will cut two 30m cores targeting conventional and unconventional reservoir sequences in the Patchawarra Formation.