Western Gas Provides Update at Sasanof-1 Well

Source: www.gulfoilandgas.com 5/27/2022, Location: Not categorized

Western Gas provides the following operational update on the drilling of the Sasanof-1 exploration well:

- Drilling of the Sasanof-1 exploration well has now commenced.
- The well was spudded with the jetting of the 36” conductor at a water depth 1068.3m below mean sea level (BMSL).
- Drilling is now underway on the 17-1/2” intermediate hole section to a depth of 2030m (BMSL), 13-3/8” casing will then be run and cemented.
- This will be followed by the drilling the 12-1/4” hole section through the target reservoirs to a total depth of 2500m (BMSL).

The company anticipates drilling through the target reservoir section will occur between 2 and 5 June 2022.

Further updates will be provided upon the completion of campaign milestones.

The Sasanof Prospect covers an area of up to 400 km2 and is on trend and updip of Western Gas’ liquids rich, low CO2 Mentorc Field.

ERCE estimates the Sasanof Prospect to contain a 2U Prospective Resource of 7.2 Tcf gas and 176 Million bbls condensate (P501), with a high case 3U Prospective Resource estimate of 17.8 Tcf gas and 449 Million bbls condensate (P101).

Sasanof is a large, seismic amplitude supported, structural-stratigraphic trap in the high-quality reservoir sands at the top of the Cretaceous top Lower Barrow Group formation on the Barrow Delta within the Exmouth Plateau.

Sasanof-1 will be Western Gas’ first well drilled from its extensive exploration portfolio surrounding the existing Equus Gas Project that contains a discovered resource of 2 Tcf and 42 MMbbl (2C Gaffney Cline2). The Equus Gas Project has a historic exploration drilling success rate of 88%, with 15 discoveries from 17 wells.

Western Gas (519P) Pty Ltd is the holding company for Sasanof and comprises the following working interests:
- Western Gas – 52.5%
- Global Oil and Gas (ASX:GLV) – 25%
- Prominence Energy (ASX:PRM) – 12.5%
- Clontarf Energy Plc (AIM: CLON) – 10%

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The well was drilled...

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