Empire reports "strong" gas flow from C-2H well in Beetaloo
Sydney-listed Empire Energy on August 11 reported “strong” gas flow from the Carpentaria-2H (C-2H) well in its 100% owned and operated EP187 tenement, located in the Northern Territory’s Beetaloo sub-basin.
The company achieved 2.6mn ft3/day of sustained initial flow rate over the first 91 hours of flow testing with minimal decline in gas flow rate over this period, it said. The flow rate was achieved from 927 m effective stimulated horizontal length indicating a normalised rate of 2.8mn ft3/day per 1,000 m of horizontal section.
Empire said that these early results provide the company management with materially enhanced confidence that the project can be commercialised.
“The primary goal of the C-2H stimulation and flow testing programme is not to achieve maximum flow rates but rather to assess which of the four fluid systems trialed (crosslink, HVFR, hybrid and slickwater) is likely to provide the best production performance in the Beetaloo basin’s shales and to optimise completion methodology,” Empire said.
The company recently announced it will raise A$27.5mn ($19.8mn) via placement for drilling, stimulation and production testing of Carpentaria-3H; western Beetaloo 2D seismic acquisition and civil works to prepare for future appraisal drilling; Northern Territory operations and office expenses until at least June 2023.