Beach extends reserves with Bauer step-out

Feb. 17, 2014
Beach Energy Ltd. has further extended reserves in its Bauer oil field in the western flank of the Cooper-Eromanga basins, South Australia with success in a new step-out well.

Beach Energy Ltd., Adelaide, has further extended reserves in its Bauer oil field in the western flank of the Cooper-Eromanga basins, South Australia with success in a new step-out well.

The Bauer-12 well in the PEL 91 permit encountered 4 m of net oil pay in the McKinlay member sands and another 5 m net oil zone in the underlying Namur Sandstone. Both reservoirs are of Mesozoic age in the Eromanga basin that lies on top of the Cooper basin. The No. 12 well was designed to probe the undrilled northwest part of the prospect.

Preliminary mapping following the success has added 2.5 million bbl to the 2P reserves at Bauer field and the well has been cased and suspended as a future producer.

Bauer is the largest field on the Western Flank fairway and is currently producing from 8 wells. Three more have still to be brought on stream.

Production is exceeding the 10,500 b/d capacity of the Bauer-Lycium oil pipeline and seven road tankers have been brought in to take an additional 2,500 b/d to the production facilities at Moomba.

A new step-out, Bauer-13, 1.4 km southeast of Bauer-12, is next on the company’s drilling agenda.