Australia: Galilee coal gas, shale core drilling starts

By OGJ editors
HOUSTON, May 23
-- Exoma Energy Ltd., Brisbane, has mobilized a rig to drill a 12-well core hole series to test for coal seam gas and shale gas prospects in the Galilee basin in central Queensland.

The 12 prospects are in ATP 991P, ATP 996P, ATP 999P, and ATP 1008P. The first well, Saltern-1, is to spud on May 26 with a primary target of CSG in Permian coal measures. The company expects to drill shale gas wells in ATP 1005P using a second rig.

Saltern-1 is the first well to be drilled under the joint venture with CNOOC Galilee Gas Co. Pty. Ltd. Exoma is operator with a 50% interest in its five Galilee basin permits totaling 26,840 sq km. CNOOC Galilee will contribute the first $50 million of exploration expenditure to earn a 50% interest in each permit.

Related Articles

India’s ONGC to invest in Daman development in Arabian Sea

08/29/2014 India’s Oil & Natural Gas Corp. will invest $864.5 million to enhance natural gas and condensate production from its Tapti Daman block in the A...

Nexen boosts CNOOC’s first-half production

08/29/2014 Nexen Energy ULC contributed 36.3 million boe during this year’s first half to CNOOC Ltd.’s total net oil and gas production of 211.6 million boe, ...

Fitch: Drilling downturn might prompt some consolidation

08/28/2014 A cyclical downturn in offshore drilling might provide an opportunity for driller contractors having financial flexibility to buy their peers at fa...

Verma named managing director at India’s ONGC Videsh

08/27/2014 India’s ONGC Videsh Ltd. has named Narendra Verma its managing director. Verma’s previous positions include director of exploration of Maharatna ON...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected