Apache finds northern Carnarvon gas zones at Olympus

One of Apache Corp.’s Australian subsidiaries has drilled an apparent gas discovery at the Olympus-1 exploratory well in the northern Carnarvon basin offshore Western Australia.

Olympus-1 penetrated gas-bearing sands in the Cretaceous Lower Barrow and Triassic Mungaroo formations, said private Finder Exploration Pty. Ltd., Perth, which holds a 5% participating interest in the WA-450-P exploration permit. Total depth is 4,540 m.

Apache Northwest Pty. Ltd., permit operator with 75% interest, will review the well’s outcome and will analyze the numerous reservoir fluid and pressure samples gathered to enable the Joint Venture to assess Olympus resource size, gas composition, and commerciality.

WA-450-P is directly south of giant Gorgon and Clio gas fields and 12 km from the Zola discovery on WA-290-P (OGJ Online, Feb. 23, 2011). Japan Australia LNG (MIMI) Pty. Ltd. holds the other 20% interest in the WA-450-P permit.

Related Articles

Financial questions seen for US shale gas, tight-oil plays

03/25/2014 Financial problems of operators in US shale gas and tight oil plays might hold production growth below current expectations, according to the autho...

BOEM: Firms bid $850 million in high bids in central gulf lease sale

03/24/2014 The US Bureau of Ocean Energy Management reported that its central Gulf of Mexico Lease Sale 231 received 380 bids from 50 companies on 326 blocks,...

Statoil makes gas find on flank of Visund field in North Sea

03/24/2014 Statoil Petroleum AS has made a natural gas discovery on the northeast flank of Visund field in the northern part of the North Sea, the Norwegian P...

CNOOC makes natural gas discovery in Bohai Bay

03/24/2014 CNOOC Ltd. has made what it describes as a “mid-sized” natural gas discovery in the Bozhong 22-1 structure in the south-central region of Bohai Bay.

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