Drillsearch-Beach JV finds more oil in Eromanga basin

A Drillsearch Energy Ltd.-operated joint venture with Beach Energy Ltd. has encountered multiple oil zones in its Pennington-1 wildcat in the Eromanga basin of South Australian permit PEL91.

Pennington-1 hit a 5-m gross oil column in the McKinlay sandstone, which is contiguous with an earlier found net 8-m oil column in the Namur sandstone and a separate 6-m oil column in the mid-Namur section. All are in the Mesozoic-age Eromanga basin sediments.

Wireline data has indicated an upside of in excess of 2 million bbl potential in the structure. This does not include oil shows in the Birkhead formation (also Mesozoic in age) over a 1-m gross interval, which have yet to be fully evaluated.

The well, which is another on the western flank play in the Cooper-Eromanga basin, is to be cased and suspended as a future producer.

It follows the recent Bauer-1 wildcat in the region that flowed at 15,000 b/d with no water present.

Drillsearch has 60% interest and Beach the remaining 40%.

Related Articles

CNOOC makes gas discovery in Qiongdongnan basin


CNOOC Ltd. has made a natural gas discovery in the east Lingshui Sag of the deepwater area in the South China Sea’s Qiongdongnan basin.

Petrobras confirms deepwater oil find with Pitu well


Petroleo Brasileiro SA (Petrobras) has announced that its 1-BRSA-1205-RNS (1-RNS-158) wildcat well has completed drilling.

Central Illinois shows Siluro-Devonian oil potential


The Siluro-Devonian is one of the hottest oil and gas plays in the Illinois basin.

Senators ask Kerry to study Keystone XL health impacts

03/03/2014 US Senate Energy and Public Works Committee Chair Barbara Boxer (D-Calif.) and committee member Sheldon Whitehouse (D-RI) jointly asked US Sec. of ...

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