Santos, Drillsearch find wet gas in Cooper basin
The Santos Ltd.-led joint venture with Drillsearch Energy Ltd. has had made it six out of seven with a new discovery of wet gas in the western flank of the Cooper basin in South Australia.
The joint venture’s Emery-1 wildcat in PEL 513 encountered good gas shows in the Permian-age Patchawarra Formation from 2641-3174.5 m.
Wireline logs indicate 18.6 m of net pay across several zones with a gross interval of 533 m. There is also 8 m of net pay in the underlying Tirrawarra Sandstone with a gross interval of 37 m.
In addition the partners say the well found several zones with potential for unconventional pay.
Emery-1 has been cased and suspended as a future gas producer. It lies 7 km and 10.3 km southeast of Santos’ producing gas fields at Moonnanga and Raven, respectively. It is also close to the Large Gidgealpa oil and gas fields to the northeast.
Drillsearch managing director said the discovery is the company’s sixth wet gas discovery with Santos and its eighth this year overall.
Drillsearch is free-carried by Santos throughout 2014-15.