Gulf Oil and Gas accountACCOUNT

Senex Commences Gas Exploration at Silver Star-1 Well

Source: www.gulfoilandgas.com 3/14/2017, Location: Not categorized

Share |
Senex Energy Limited (Senex) to commence drilling of the Silver Star-1 gas exploration well in the South Australian Cooper Basin, targeting material gas volumes. The Silver Star-1 well is expected to cost approximately $15 million and forms part of the work program being progressed by Senex in joint venture with Origin Energy.

Senex Managing Director and CEO Ian Davies said the drilling program reflected its continued commitment to onshore gas exploration and to building an opportunity pipeline capable of delivering significant gas volumes to market. “The Silver Star-1 well is an exciting step in the $252 million Senex and Origin Energy exploration project agreed in 2014 to unlock material high-risk gas acreage in the South Australian Cooper Basin. The areas on which we are focused have multi-Tcf potential, and gas exploration programs such as this are crucial to unlocking more supply for the east coast market,” Mr Davies said.

Silver Star-1 (PEL 638: Senex 53.75% and operator, Origin Energy 33.75% and Planet Gas 12.5%) is the first drilling location in the northern area of Senex’s joint venture with Origin Energy, a staged program targeting material volumes of basin centred and stratigraphic gas in the Patchawarra and Allunga Troughs. Senex is free carried by Origin under the Senex-Origin farm-in arrangement.

Silver Star-1 is a high impact gas exploration well located in the northern Cooper Basin and is expected to be drilled to a depth of approximately 3,600 metres, with a potential lateral section of up to 1,500 metres. The total cost of the well is estimated at approximately $15 million.

The well follows the drilling of Efficient-1 and Ethereal-1 in the southern Cooper Basin, which were both cased and suspended having successfully intersected stratigraphically trapped tight gas in the Permian sandstones. The wells were both fracture stimulated and production tested, with the next step to complete a nitrogen lift test on the Ethereal-1 well to increase gas production.

Exploration News in Australia >>

Indonesia >>  4/26/2017 - Andalas Energy and Power, the AIM listed Indonesian focused energy Company, has provided an update on the Tuba Obi East oil and gas concession (‘TOE’)...
Norway >>  4/25/2017 - The Norwegian Petroleum Directorate is expecting a new record in the number of exploration wells in the Barents Sea this year. Fifteen wells are slate...

Uruguay >>  4/25/2017 - Uruguayan state oil company Ancap said it will tender 17 off-shore blocks for exploration in areas up to 3,000 meters deep, with offers to be presente...
Indonesia >>  4/24/2017 - AIM-listed Andalas Energy and Power has provided an update on its activities with Pertamina, Indonesia’s national oil company, including the identific...

Iran >>  4/24/2017 - New crude oil discoveries in the Persian Gulf may bring Iran’s rank among holders of the biggest oil and gas reserves in the world, a senior energy of...
Mongolia >>  4/21/2017 - Petro Matad has received an official letter from the Mining Resources and Petroleum Authority of Mongolia (MRPAM), dated 20 April 2017, confirming MRP...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Australia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 |

More News

 

Oil & Gas Companies in Australia >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.