In a fast-track development, Stuart Petroleum Ltd., Adelaide, plans to begin production before yearend from its wholly owned Padulla oil field in the South Australian Cooper basin.
Rick Wilkinson OGJ Correspondent
MELBOURNE, Nov. 17 -- In a fast-track development, Stuart Petroleum Ltd., Adelaide, plans to begin production before yearend from its wholly owned Padulla oil field in the South Australian Cooper basin.
It will bring the discovery well, Padulla-1, on stream via an extended production test.
The field, in permit PEL113 about 20 km southwest of producing Worrior oil field, contains an estimated 1 million bbl of oil reserves.
Padulla development will involve the drilling of at least four more wells plus an additional appraisal well.
