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

Proved reserves of US crude oil reach 38-year high

04/10/2014 US proved reserves of crude oil at yearend 2012 were estimated at 33.4 billion bbl, up 15.4% from 2011 and the highest since 1976, according to a r...

GeoPark makes oil discovery in Colombia

04/09/2014 GeoPark Ltd. reported the successful drilling and testing of the Aruco 1 exploration well on the Llanos Block 34 in the central Llanos basin in Col...

OMV to ramp up drilling in lower Austria

04/08/2014 OMV AG reported it will drill as many as 24 wells this year along with 20 wells in 2015 and 2016, respectively, in the Weinviertel region of lower ...

Large seismic survey starts offshore Norway

04/08/2014 CGG has begun shooting the largest broadband multiclient seismic survey it has conducted in Northwest Europe and what it calls the largest multicli...

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