Page 13 - AsianOil Week 25 2021

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Petro Matad said a licence application for “The Australian Government estimates operations in the Holmwood Shale after
the block XX asset continued to progress Australia’s LNG has the potential to lower passing through the Bit basher Shale and the
through a government approval process. emissions in LNG importing countries by High Cliff Sandstone with Logging While
The coronavirus pandemic played around 170 million tonnes CO2 each year by Drilling tools (LWD). Subsequently, initial
a significant role in the 2020 loss, chief providing an alternative to higher emissions wireline logs have been acquired to confirm
executive Mike Buck said. fuels – the equivalent of almost one-third of the reservoir and resource characteristics
Buck added: “Despite the difficulties, Australia’s total annual emissions. where these operations are ongoing.
the company [is making] progress on the “Natural gas also plays an important role in The initial Kingia results are in line with
application for the exploration licence for balancing renewable energy and our industry expectations and confirm the presence of
block XX.” is also leading the world in the practical a large high quality gas resource at West
BNE INTELLINEWS, June 23, 2021 development of carbon capture and storage and Erregulla. The Kingia formation was
hydrogen to ensure a cleaner energy future.” encountered at 4,771 metres (MD), coming
APPEA, June 24, 2021 in considerably shallower than prognosed
OCEANIA with a gross thickness of 183m. The Kingia
reservoir section was made up of almost one
Australia’s oil and gas Empire updates on single, large unit of very clean sand, with
Carpentaria-1 well progress
thick blocky porosity development. Gas was
industry continues to take Empire Energy is pleased to provide an update measured with a high gas saturation and is
observed throughout the Kingia which was
climate action to shareholders on the continuing positive interpreted to have a net pay of 32m, with an
progress at the Carpentaria-1 well in EP187.
average porosity of 10% across this section
The voice of the Australian oil and gas During initial clean up Empire has and porosities up to 15%.
industry said today’s announcement that successfully flowed gas to surface. The Kingia reservoir at WE5 is interpreted
Cooper Energy has achieved Climate Active The hydraulic fracture stimulation spread to be above average for the play across the
Certification is another example of the which completed the 4-stage program at various discoveries at Waitsia, Beharra and
industry walking the walk on climate change. Carpentaria-1 has been released and a coiled West Erregulla, which is confirmatory of the
Climate Active is a partnership between tubing unit is finishing the initial unload of quality of the deep Permian Gas Fairway
the Australian Government and Australian fracture stimulation fluids from the well. across the Erregulla region.
businesses to drive voluntary climate action. The Carpentaria-1 well gas contribution Gas was observed throughout the entire
APPEA Chief Executive Andrew has steadily increased through the initial reservoir sections where reservoir pressures
McConville said the certification means flow-back post fracture stimulation. Empire in the Kingia are yet to be recorded and
Cooper Energy has already achieved net zero is preparing to run the production test will be captured in subsequent wireline
emissions for its operations. completion into the well over the next few runs together with other further data. The
“Our industry is already doing the heavy days in preparation for further well analysis High Cliff sandstone was observed to have
lifting on climate change and this is just and extended production rate testing. negligible reservoir development. Additional
another example,” Mr McConville said. Empire will update shareholders as Carpentaria-1 pay has been identified in shallower Permian
“Our gas producers continue to walk the flow-back and extended production testing reservoirs, however confirmation of a
walk when it comes to cutting greenhouse progresses in the coming weeks. potential resource is subject to further testing.
gas emissions. Cooper Energy now joins EMPIRE ENERGY, June 17, 2021 All cut-offs for petrophysical calculations
City of Melbourne and Medibank Private as used have been as per WE2, WE4 and the
organisations with certification. WE5 confirms large high neighbouring Waitsia gas field.
“Cooper Energy is just one example of Strike will conduct additional wireline
the work our industry is doing to reduce quality gas resource at logging to procure fluid samples and pressures
emissions. A range of case studies of how the across the formations amongst other data.
industry is taking practical action to support West Erregulla Once complete, Strike will then further
emissions reductions across the supply condition the hole in preparation for running
chain and leading research into innovative Strike Energy provides an update on the the f inal production casing string which will
emissions reduction activities is highlighted results of the West Erregulla 5 well on behalf be cemented in place and then completed
in APPEA’s Industry Action on Emissions of the EP469 Joint Venture. for the upcoming flow test across the Kingia
Reduction report. Since the last update Strike completed Sandstones. The rig will then be released. The
“Australian Gas is also helping reduce drilling the well to a depth of 5,015m well will be kept on inventory for the Phase 1
emissions in Asia and this will continue for (measured depth, MD) reaching final depth development as a future producer.
decades to come. in just 38 days. WE5 completed drilling STRIKE ENERGY, June 21, 2021

Week 25 24•June•2021 www. NEWSBASE .com P13