Armour plans quick turnaround on Horseshoe 4

Despite a minor delay caused by a stuck pipe, Armour has drilled Horseshoe 4 to a depth of 2,169 m and carried out open-hole logging and modular formation dynamic testing (MDT). The company said both operations had provided “very encouraging” results and a 4.5 inch (114 mm) production casing was being installed. Armour anticipates the …
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Vintage signs rig for Cooper Basin

The deal with Saxon, a subsidiary of Schlumberger, will see Vintage acquire the use of the SLR-185 rig to drill the Vali-1 well in ATP 2021, located in the Queensland portion of the Cooper Basin. The rig is currently employed by Senex Energy at a different location, but Vintage expects it will relocate to ATP …
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bid war continues

NOPSEMA needs more from Equinor

The National Offshore Petroleum Safety and Environment Management Authority (NOPSEMA) has issued a notice to the Norwegian-based rel=”noopener noreferrer”>Equinor for further information relating to consultation, source control, oil spill risk and other matters protected under Part 3 of the Environment Protection and Biodiversity Conservation Act 1999. Equinor first submitted its environment plan in April this …
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Resource statement confirms West Erregulla size

Following the drilling and flow testing of the West Erregulla-2 well in Western Australia’s Perth Basin, project operator Strike Energy has released a resources statement confirming the field has a 2C contingent resource estimate of 1,185 BCF (33.55 billion m3) of gas. Strike said this estimate is likely to increase as the current total does …
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Testing underway at Reid’s Dome

State Gas has suspended drilling of the Aldinga East-1A well, located in PL 231 in Queensland, at a depth of 882 m with wireline logging and permeability testing operations now commencing. The company is also planning the re-entry and production testing of the Nyanda-4 well, situated approximately 12 km south of Aldinga, which was drilled …
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ExxonMobil makes CCS deal

In a two-year deal worth up to US$60 million (AU$87 million), Exxon and FuelCell will team up to develop carbonate fuel cell technology for the purpose of capturing carbon dioxide from industrial facilities. Exxon, which operates in six continents and has significant oil and gas interests in Australia and Papua New Guinea, is assessing the …
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Report: CSG to decline 60%

Research produced by Rystad Energy indicates that, based on the remaining proved and probable (2P) reserves and well numbers, production could drop significantly over the next decade, with new projects and exploration expected to offset only 30 per cent of this. Rystad’s forecast also assumed there would be no additional 2P reserve write downs, an …
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MMA completes Neptune acquisition

The deal consisted of an $18.5 million consideration comprising $5 million in cash and the issue of 67.6 million MMA shares to NMS at a price of $0.20 per share. The companies first announced the deal in July this year and NMS shareholders voted in favour of the acquisition last months. NMS services include asset …
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Concerns raised over Bight chemicals

Prepared by James Cook University Professor Jodie Rummer and Greenpeace, the report alleges Equinor’s response to any potential oil spill during drilling operations in the Great Australian Bight would include the use of large quantities of dispersants, including Corexit 9500, which Greenpeace said is harmful to both humans and marine life and was banned in …
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Scarborough resource significantly increased

Located mainly within the WA-1-R lease offshore Western Australia, the Scarborough field is a gas resource operated by Woodside tabled for a final investment decision in the first half of 2020. Following a full waveform inversion 3D seismic reprocessing operation and an updated petrophysical interpretation, Woodside said the estimated gross contingent resource (2C) dry gas …
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