Page 11 - AsianOil Week 43 2020

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documentation associated with this assign- environmental permits for the project in August
ment to be finalised and ready for execution of this year.
after ANP approval is received.” The Bauna field, which started opera-
The Bauna field is located in a shallow-wa- tions in February 2013, registered an output
ter section of the southern Santos Basin, one in July 2020 of about 16,000 barrels per day
of Brazil’s largest hydrocarbon provinces. It (bpd) of oil. It is already home to six produc-
lies within a licence area known as BM-S-40, tion wells, three water-injection wells, and
which is around 50 km from Karoon’s Neon one gas-injection well that are being used
and Goia discoveries and 50 km from its Clo- to exploit two reservoirs. All of the wells
rita exploration area. are subsea completions with tie-ins back to
The Australian company agreed to buy a the Cidade de Itajai FPSO, which is owned
100% stake in the field from Petrobras in July by the Norwegian-Brazilian joint venture
2019 for around $665mn. It then received TeekayOcyan.™

Strike continues to struggle

with West Erregulla well

PROJECTS & AUSTRALIAN independent Strike Energy has
COMPANIES run into further difficulty during the drilling
of its first well in a three-well appraisal of the
onshore West Erregulla natural gas field in West-
ern Australia.
After revealing on October 14 that it had been
forced to plug and sidetrack the West Erregulla
3 (WE-3) well after the drill bit and motor came
loose in the hole, Strike said this week that it had
run into the same issue.
The independent said on October 26 that
following the successful plug and side-track
operations it had resumed drilling in the first
intermediate hole section. At a depth of 1,629
metres, however, the company discovered that
the mud motor had parted once again.
Strike said it had decided once again to set a
cement plug before side-tracking the well and
drilling ahead, after an assessment revealed that
the chances of fishing out the motor were slim.
The company added that the plug had been set
and that side-track assembly operations were
successfully underway. EP469, with each to be drilled to a depth of
Strike said it would continue to drill ahead around 5,000 metres. Strike operates EP469
past the “fish”, before changing to a new drilling with a 50% interest, while fellow Austral-
bottom hole assembly (BHA) to complete the ian independent Warrego Energy holds the
section. This will be followed by running 13-3/8- remaining 50% stake.
inch (340-mm) casing and cementing in place. Warrego said on the same day as Strike made
The developer said it was trying to discover its announcement that it had successfully signed
what had cause of this recent BHA failure with a long-term binding gas sales agreement (GSA)
the hopes of preventing a repeat incident. Strike with Alcoa of Australia for the total supply of 155
added that it had fleshed out its drilling team PJ, with deliveries scheduled to begin in 2024.
with engineers experienced in the Perth Basin Warrego said the deal was of sufficient size
and that, with this added expertise, it was “con- and term to support it taking a final investment
fident of resuming normal drilling operations”. decision (FID) on the project’s first phase, with
WE-3 is the first of three appraisal wells both partners anticipating reaching that point
planned for the field, which is located in before the end of March 2021.™

Week 43 29•October•2020 www. NEWSBASE .com P11