Santos discovers oil pool in South Australia

Santos Group and its partners made a new-pool oil discovery last month on Petroleum Prospecting License 8 in the South Australian portion of the Cooper-Eromanga basins. The discovery is the group's third on the Moomba structure.The partners drilled the Moomba 104 exploration well to 2,161 m TD, where it cut a 9-m oil column in Jurassic Hutton sandstone. Click here to enlarge imageThe well is about 6 km south of the Moomba gas processing plant (see map).Santos expects the zone will be capable of flowing 2,000-3,000 b/d of oil, based on comparable producing zones in the Cooper basin. Santos will case and suspend the well for future production, which is expected to start in about 3 mont...

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