Rick Wilkinson
OGJ Correspondent
MELBOURNE, Apr. 29 -- Buru Energy Ltd., Perth, plans to restore oil production from the West Kora-1 well in the onshore Canning basin of northwest Western Australia following the grant of a production license.
The new L15 license area contains West Kora field, discovered and briefly produced by Esso Australia in 1984.
The well produced 20,000 bbl at an initial rate of 350 b/d and a water cut of 35%. However, the water cut increased rapidly to 85% and Esso shut it in.
Anzoil NL, Perth, reperforated the well and unsuccessfully attempted to isolate the water production with a tubing bridge plug in 1992.
Buru intends to use new technology in a workover program for the well and upgrade the existing production facility. It is hoped that this, along with higher oil prices, will enable commercial redevelopment of the West Kora field.
Buru has 17% of the license area. Pancontinental Oil & Gas NL has 12%, Empire Oil & Gas NL 49%, First Australian Resources Ltd. 12%, and Indigo Oil LLC 10%.
