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Otway to Test South Australian Well This Month
Mar 4, 2021 2:54:am
Summary
by: Shardul Sharma
Posted in:
Otway to Test South Australian Well This Month
Otway Energy will start testing Nangwarry-1 well in PEL 155 onshore Otway basin in South Australia around mid-March, its partner in the project Vintage Energy said on March 4.
The
Superior Energy rig will arrive on location at Nangwarry-1 on March 10, after which the well and equipment will be set up for the test. “It is anticipated that testing of the well will take approximately three to four weeks and, should the test be successful, be a material value-adding asset to Vintage over what could potentially be a 50-year period,” Vintage managing director Neil Gibbins said.
Australia: Vintage Energy announces operations update
04 Feb 2021
PEL 155: Nangwarry-1 testing planned for mid to late February 2021
ATP 2021: Non-binding rig LOI to drill Vali-2; Vali-1ST1 to be completed with upcoming wells; flowline equipment purchase deferred to incorporate well results and evaluation of upside potential; joint gas marketing approved by ACCC
PRL 211: Non-binding rig LOI to drill Odin-1
Cervantes: Non-binding rig LOI to drill Cervantes-1, contract being negotiated
Vintage Energy has provided an update on activities relating to the testing of
Nangwarry-1 in the onshore Otway Basin, the
Vali gas field and
Cervantes prospect in the Perth Basin.
Otway Basin - PEL 155 (Vintage 50%, Otway Energy 50% and operator)