By the OGJ Online Staff
HOUSTON, May 21 -- Santos Ltd., operator of exploration permit 154 in the Victorian section of the Otway basin in Australia, has a fifth gas discovery in the area.
Wildcat Naylor 1 was drilled to 2,157 m TD. It found a potential 84-m gross gas column in the Cretaceous Waarre sands at 2,028-112 m. Preliminary results indicate at least 30 m of gas pay.
Jon Young, general manager South Australia Business Unit, said, "The use of 3D seismic technology helped the South Australian Business Unit achieve a 100% success rate from five wildcat wells drilled in the Otway Basin during 2001."
Mylor 1 and Fenton Creek 1 are on production through the Heytesbury facility. The Naylor 1 well is expected to come on production at 10 TJ/day, based on analogy with existing wells in the area.
The well is 3 km northeast of the Croft 1 gas discovery and 13 km west-northwest of the Heytesbury gas facility.
Santos has 90% of the Naylor well, and Beach Petroleum NL 10%.
