Tap Oil Reports Gas Reserves for Western Australia Asset at 500 Bcf

Tap Oil in a statement has announced its gross volumetric recoverable gas resource estimate for the WA-351-P portion of the Tallaganda structure in Western Australia.

Studies indicate approx. 500 Bcf of gas in the WA-351-P portion of the Tallaganda structure (including 222 Bcf of P50 contingent resource and 278 Bcf of P50 prospective resource). Tap holds a 20% interest in the WA-351-P permit and is intending to book 49 PJ of contingent resource in its 2012 year end accounts.

Tallaganda-1 was drilled in the second quarter of 2012 and confirmed a gas discovery in the Triassic Mungaroo Formation of the Tallaganda structure within WA-351-P.

The geological assessment of the Tallaganda discovery and remaining block potential is continuing and there are currently no plans for further drilling in WA-351-P during 2013.

 


Natural Gas World welcomes all viewpoints. Should you wish to provide an alternative perspective on the above article, please contact editor@naturalgasworld.com

Kindly note that for external submissions we only lightly edit content for grammar and do not edit externally contributed content. 

POLICY ON COPYRIGHT & REPUBLICATION POLICY

 

We use cookies to ensure that we give you the best experience on our site. If you continue we assume that you understand and accept to receive cookies from this website. Dismiss