Oz Comet Spuds Another Mahalo Well
Australian Comet Ridge has spudded the Memooloo 2 vertical well at its Queensland-based Mahalo Gas Project, the company said October 29.
The well will be cored through coals and is designed to give confirmation of gas content, permeability and gas saturation in the shallowest part of the block.
Comet has contracted the same rig, Silver City Rig 20, that drilled Mahalo’s Mira 6 well in late 2017. Mira 6 exceeded the company’s production expectations of around 1.2 million feet3/day to 1.3mn ft3 by registering a flow breaching 1.4mn ft3/day.
After Memooloo has been drilled, the rig will move over to Struan 2 well and a smaller completions rig will come in to Memooloo 2 to set the well up for production testing. The testing is expected to take about two months, the company said.
Comet Ridge, which holds a 40% stake in the project, is operating under an agency agreement for Santos as exploration operator (30%), while Australia Pacific LNG (APLNG) also holds a 30% stake in the Mahalo block.
It is located about 240 kilometres west of Gladstone, which is home to the APLNG terminal and Santos’ Gladstone LNG facility, along with Shell’s Queensland Curtis LNG export project.