Page 12 - AsianOil Week 14 2021

AsianOil NEWS IN BRIEF AsianOil

agreement, and finalisation of funding can provide an estimated 3 to 5 times increase development and bands of very high-quality
arrangements, both of which are expected to on well productivity, thereby offering the reservoir. The Kingia has high gas saturation
occur within Q2 2021. The completion and highest commercial returns for the project, throughout and is interpreted to have net
transfer of GSPC’s PI to Oilex is also subject and a final field development plan which, pay of 28m, with an average porosity of 11%
to the approval of the Government of India given success, would involve batch drilling of across this section and up to 19%.
(GoI). The GoI has been kept appropriately many wells. Gas was observed throughout the entire
informed at all stages of discussions with the OILEX, April 6, 2021 reservoir sections with no gas water contact
aim of securing approvals for the PI transfer seen. Reservoir pressure in the Kingia was
in a favourable time frame. WE4 results extend West recorded at approximately 6,821 psia at
The Company’s drilling plans in relation 4,898m (MD).
to the pilot program are well advanced and Erregulla gas field These pressure results lie on the same gas
are aimed at establishing flow rates after gradient as the results of WE2, indicating
hydraulic stimulation of the Eocene siltstone Strike Energy provides an update on the connectivity within the field. ‘Gas down to’
reservoir. The pilot program will implement results of the West Erregulla 4 well on behalf has now been extended deeper by a further
the recommendations from a 2017/18 Baker of the EP469 Joint Venture. 61m in line with Strike’s pre-drill expectations.
Hughes-GE study focussed on drilling and Since the last update Strike has drilled This thickens and extends the areal extent of
stimulation best practice. Any hydrocarbon through a materially thickened Kingia the West Erregulla gas field.
production from these wells will utilise the Sandstone, the Bit Basher Shale and the The High Cliff sandstone appears to be
existing Cambay processing and storage High Cliff Sandstone to a final well depth thinner than seen in WE2, however, this
facilities and the connection to a local low of 5,069m, measured depth (MD) in the is more than offset by the thickening and
pressure gas pipeline. Given success, the Holmwood Shale. Initial wireline and pressure improved average quality of the Kingia
production facilities will be upgraded on an results have been recorded. Sandstones. These High Cliff results
as required basis to provide a low-cost path to The overall results of the well are above corroborate the isopach modelling that the
commercialise increased gas flows resulting expectations particularly given the down High Cliff should thin to the East into the
from additional production wells. The dip location of the WE4 well on the West Dandaragan Trough leaving the void for the
greater project aim is to aggregate sufficient Erregulla structure. thickening of the Kingia Sandstone.
production volumes from multiple wells to The Kingia formation was encountered Coring of intervals in the Kingia (45m)
connect to the high-pressure pipeline system at 4,827 metres (MD), 19m higher than and High Cliff (18m) were successful with
which will offer greater offtake stability and prognosed with gas on rock showing laboratory results from these samples
improved gas prices. It is anticipated that the throughout the entire sandstone of 155m. expected to start being generated later this
results of the pilot program will provide data The Kingia is made up of several large units month.
needed to determine whether horizontal wells of clean sand with thick blocky porosity STRIKE ENERGY, April 8, 2021

P12 www. NEWSBASE .com Week 14 08•April•2021