Page 15 - AsianOil Week 36

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the exclusion zone. With the moratorium lifted, projects that had been in limbo can now resume. In September 2017 the Australian Petro- leum Production and Exploration Association (APPEA) said more than A$380mn ($261mn) worth of new onshore gas projects had stalled. Projects included those of Buru Energy, AWE and Japan’s Mitsubishi, local media reported
at the time.
Buru’s permits lie exclusively within the Can-
ning Basin. It has a 100% stake in production licences L6, L8 and L17 as well as a 50% operat- ing interest in the L20 and L21 licences, which cover the conventional Ungani oilfield. It also
has various stakes in seven exploration permits and two pipeline licences.
In an operations update on September 10, the company said the Ungani 7H well had been drilled to a depth of 2,037 metres building hole angle as planned. It added that drilling pro- gress had been in line with expectations and had included a trip to change out the bottom hole assembly and to condition the hole prior to drilling into the shale zone in the deviated hole section.
The company intends to drill the well to a planned section of around 2,275 metres, before demobilising the NGD405 rig.™
Strike, Warrego score gas hat-trick at WA block
PROJECTS & COMPANIES
AUSTRALIAN independent Strike Energy announced on September 6 that natural gas had been discovered in all of onshore Block EP 469’s three formations. The acreage lies within West- ern Australia’s Perth Basin.
The junior said its 50:50 joint venture (JV) with Warrego Energy had made another “signifi- cant gas discovery” in the High Cliff sandstone as part of the West Erregulla-2 drilling campaign. The High Cliff formation was encountered at 4,918 metres with a gross gas column of at least 22 metres, which was entirely gas saturated with a net pay of 10 metres.
The announcement came after Strike said on August 27 that the venture had made a “stag- gering” gas find in the Kingia sandstone. West Erregulla-2 encountered the Kingia formation at 4,753 metres with a gross gas column of at least 97 metres. A lower 67-metre section is inter- preted to have a net pay of 41 metres.
Strike’s managing director, Stuart Nicholls, said: “The addition of yet another material gas discovery in the West Erregulla-2 drill- ing campaign makes this a truly outstanding result for the well. The High Cliff sandstone quality at West Erregulla is comparable to the
High Cliff in the Waitsia-1 well, which flowed 25mn cubic feet [708,000 cubic metres] per day when tested. The High Cliff results are in line with Strike’s expectations and indicate a discovery with significant areal extent that can be delineated on 3D seismic.”
The Waitsia gas discovery was made by AWE in the 2014.
“We believe we have a real world-class resource, and we believe that will be confirmed very shortly,” AAP quoted Warrego managing director Dennis Donald as saying on September 4. “It’s pretty damn exciting.”
Warrego CEO David Casey had told Stock- head in late August that EP 469 could meet West- ern Australia’s looming gas shortages.
“The East Coast has a number of issues that need to be resolved and there [are] a number of companies that are positioning themselves in the market to be that company that resolves those issues,” he said. “Don’t assume that the same issues aren’t emerging on the West Coast. The North West Shelf is short gas in a couple of years.”
Casey added: “You’ve got infrastructure in place that needs gas, that needs a feedstock, and I think we can be that feedstock.”™
Week 36 11•September•2019 w w w . N E W S B A S E . c o m P15