Senex Finds Major Gas Reservoir in Cooper Basin

Senex Energy has found a major gas field close to the Moomba-Sydney gas pipeline.

The company has identified up to 2.9 trillion cubic feet (Tcf) of prospective resource in a conventional stratigraphic reservoir, including 141 billion cubic feet (Bcf) of 1C contingent resource, in a new gas field named Hornet.

Recently acquired production logging data obtained from the Kingston Rule-1 and Hornet-1 wells confirm the existence of a conventional, tight gas reservoir at an average depth of 2,500 metres in the Mettika Embayment in the southern Cooper Basin, Senex said.

The wells have recently flowed gas at stabilised rates up to 2.2 million standard cubic feet per day (mmscfd) and are located in the PEL 115 Hornet Block.

Senex is now planning an appraisal program to confirm the extent of the Hornet Gas Field and provide information required for early commercialisation.

Senex Managing Director Ian Davies said the field was well placed for early commercialisation.