Area Drilling

09/12/2005
AustraliaInnamincka Petroleum Ltd., Brisbane, declared a new gas field discovery in the Ginko prospect on PEL 101 in the South Australian Cooper basin 70 km north of the Moomba treatment facilities.Ginko-1 encountered high gas readings in several Permian-age sand reservoirs, including the Toolachee, Epsilon, and Patchawarra formations. Unstable coal seams in the well prevented a drillstem test program, but early evaluation of wireline log data indicates all the sand units are gas saturated. Total gas pay zone thickness is estimated to be 5-8 m. The predrill estimate was 24 bcf of recoverable gas.Ginko-1 was drilled on the crest of a 9 sq km northeast-southwest elongate structure near the ...
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