Page 23 - AsianOil Week 49

AsianOil NEWS IN BRIEF AsianOil

previously overlooked by other operators. supplementary arrangements in place Beach Energy limited (21%) and NZOG
Identification of bypassed pay zones is until Sole production recommenced on 8 (Ironbark) Pty Ltd (15%).
possible due to advancements in logging December. NZOG, December 4, 2020
technology allowing for the identification Sole production as at 6 am (AEDT) this
of mineralogically complex sandstones with morning was at a rate equivalent to 25 TJ/ Strike Energy updates on
hydrocarbon saturation suitable for hydraulic day. Volumes in excess of gas supply to Visy
stimulation. The encouraging initial results will be sold into the spot gas market during West Erregulla
pave the way for a potential material reserves December.
maturation plan to unfold across Armour’s The plan is to increase OGPP production Since the last update, Strike has drilled the
Surat acreage from the Rewan formation. rates in a sustainable and controlled manner second intermediate hole section in 12-1/4”
ARMOUR ENERGY, December 10, 2020 before the commencement of the remaining down to a section final depth of 3,534m.
term contracts on 1 January. At this point, the Section depth was nominally planned for
Plant works completed; total Annual Contract Quantity (ACQ) will be 3,750m, however an expected fault was
encountered higher than predicted. As a
19.75 PJ per annum (pa) which is equivalent
Sole production resumed to a daily rate of 54 TJ/day. A minimum result of this fault, it has ’cut out’ a series of
sequences covering the Woodada and upper
offtake of approximately 90% of this figure is
Cooper Energy reports the reconfiguration provided by take-or-pay obligations. Kockatea formations, which has allowed
works of the Orbost Gas Processing Plant COOPER ENERGY, December 9, 2020 Strike to preclude a bit change and already
(OGPP) announced 30 October have been locate the casing point in the lower Kockatea
completed as planned and supply under NZOG updates on Ironbark as planned.
term contracts to industrial customers has During the drilling of this section
commenced. The plant, which is owned drilling hydrocarbon shows have been observed
and operated by APA Group (ASX: APA), throughout and as a result, wireline logs will
processes gas from Cooper Energy’s Sole gas As at 6:00 3 December 2020 (AWST) the be run through the section. The presence
field. Operator has advised that the Ironbark-1 well of these hydrocarbons is supportive of
As previously reported, the OGPP had reached a measured depth of 3801 metres Strike’s geological models and the results are
performance has been impaired by and is continuing to drill the 16½” hole. In the analogous to observations seen in the West
unexplained foaming in the absorber section past week we continued to drill the 16½” hole. Erregulla 2 well.
of the sulphur recovery unit. The plant The Ironbark well will test the Triassic After completion of wireline logging
works, which commenced on 14 November Mungaroo Formation with multiple sand operations, Strike will commence running of
involved reconfiguration to enable the plant’s objectives. The reservoir has been explored 9-5/8” casing before cementing in place and
absorbers to operate in parallel, sequentially, nearby at comparably shallower depths and drilling ahead to the well’s primary targets.
or independently and thereby enable higher includes discoveries at the Gorgon, Goodwyn The final production section of the well will
sustained production rates and greater and North Rankin gas condensate fields. The encounter the full Permian sequence and
operational flexibility. The works were primary target is at a depth of 5668 metres on success, will be completed as a future
completed within schedule. The resumption of TVD subsea in water depths of 301 metres. producer. The bottom hole assembly for this
operations and production has proceeded in The well is expected to take around 85 days section will include several logging while
accordance with start-up plans. to drill. drilling and pressure sampling tools for live
The term gas supply contracts with Visy Participants in WA-359-P are BP data acquisition with real time feedback.
(8 TJ/day) commenced on 1 December Developments Australia Pty Ltd (Operator, STRIKE ENERGY, December 4, 2020
as planned with supply sourced from 42.5%), Cue Exploration Pty Ltd (21.5%),

Week 49 10•December•2020 www. NEWSBASE .com P23