Page 42 - OGA-Sept-2015
P. 42
EXPLORATION & SEISMIC
OIL & GAS AUSTRALIA
Esso wraps up Turrum program
ESSO Australia has completed a five- The Marlin complex on the Kipper Tuna Turrum “The success of the Turrum drilling
well drilling program in its Turrum field project. Image courtesy ExxonMobil Australia. program demonstrates what is needed to
in the Bass Strait as part of an ongoing ensure future investment in Gippsland.”
investment to develop new gas supplies.
“In order to ensure the continuation of our
Esso, a subsidiary of ExxonMobil, spent $335 local operations, we must work together as
million to drill the four gas wells and one oil a team to find productivity improvements
well on the permit, following the start-up of the not just in major projects, but across the full
$4.5 billion Kipper Tuna Turrum project. spectrum of our business,” he said.
ExxonMobil Australia chairman Richard Mr Owen said the Esso-BHP Billiton
Owen said the drilling program was completed Gippsland basin joint venture supplies nearly
safely and ahead of schedule. 40 per cent of east coast Australian domestic
gas demand.
“The program involved drilling
approximately 20 kilometres of technically Turrum holds an estimated 1 trillion cubic
complex wells and installing more than feet of natural gas and 110 million barrels of oil
two thousand tonnes of casing, tubing and and gas liquids.
production equipment,” he said.
First oil from the Turrum field via the new
Marlin B platform was announced in October
2013. l
Hawkeye reserves not enough for Otto
DISAPPOINTING operator Otto Energy, prospects, including Cinco, in the licence exploration well after it withdrew from the SC
the Hawkeye 1 well drilled into the SC 55 which potentially share the same charge 55 licence in November 2013.
permit area in the Palawan basin offshore source.”
the Philippines in late July, has returned an Otto Energy was awarded SC55 by the
uncommercial result. The well was drilled to its planned total Philippines government in 2005, shortly after
depth of 2,920 metres, intersecting the top the group listed on the Australian Securities
In an announcement, Otto managing reservoir at 2,710 metres, with hydrocarbons Exchange, with the Hawkeye prospect first
director Matthew Allen said the Hawkeye 1 logged from there to 2,737 metres in a reservoir identified on 2D seismic in 2007.
well had proven the existence of hydrocarbons of “variable quality,” Otto said.
in the permit area. In its announcement, Otto said it was
Hawkeye 1 will now be plugged and preparing for upcoming exploration programs
“The hydrocarbon size discovered is however abandoned, the company said, with the well on its assets in Alaska and Tanzania.
at the very low end of expectations and is not completed ahead of schedule and ahead of
economic to develop,” he said. budget. “Whilst the result at Hawkeye is
disappointing, Otto is a well-funded explorer
“Otto will now incorporate the results from Otto was fully carried on the cost of drilling with high impact exploration activity in the
the well into our understanding of the other Hawkeye 1 by BHP Billiton, which agreed coming twelve months,” Mr Allen said. l
to pay US$24.5 million for the drilling of an
Octanex declares Ascalon discovery
OCTANEX has declared the location over undeveloped gas accumulations,” she said. designed to analyse and monitor both of these
its Ascalon discovery in the Southern “The next step is to secure a retention lease factors, the company said.
Bonaparte basin, the first step in the group
seeking a retention lease over the area. over Ascalon to enable Octanex to retain its Octanex also holds an 18.75 per cent interest
interest in the discovery.” in the Cornea oilfield offshore Western
The location covers 11 graticular blocks Australia, which it holds as an appraisal asset.
within the WA-407-P petroleum exploration It includes the Ascalon 1A discovery well,
permit, in which Octanex holds a 100 per cent drilled by Mobil in 1995, which intersected Located in the Browse basin, the oil volumes
interest. a gross gas column of 146 metres some 200 in the greater field are such that the company
metres off the crest of the structure. holds what it says is a “reasonable expectation
The Ascalon discovery is 465 kilometres of commercial development.”
west of Darwin in water depths of less than Also in the lease area is the Saratoga 1 well,
100 metres and is about 60 kilometres from the which hit an 8.5 metre gas column in the Octanex said this would be dependent
Ichthys to Darwin pipeline. overlying Sandpiper Sandstone formation. on threshold production flow rates being
produced and suitable oil prices being in place.
Octanex chief operating officer Rae Clark The Ascalon 1A discovery was subsequently
said the company had made the first move in mapped on the modern Ascalon 3D marine The company also holds various, wholly
positioning itself as a participant in the global seismic survey, acquired by Octanex in 2012, carried interests in five high impact permits
liquefied natural gas market. and on reprocessed vintage 2D seismic data. in the Dampier sub-basin and the Exmouth
Plateau of the Northern Carnarvon basin.
“This will be enhanced if Ascalon can Octanex seeks to determine the
take advantage of its close proximity to the commerciality of the discovery through further Octanex’s sole development asset is a 50%
Ichthys gas pipeline to Darwin or other nearby engineering assessment as well as responding stake in Ophir Production, a joint venture
to future gas market conditions. that holds the risk service contract for the
development of the Ophir oilfield off Malaysia.l
A retention lease work program will also be
40 ENERGY PUBLICATIONS CELEBRATING 34 YEARS OF PUBLISHING IN AUSTRALIA
OIL & GAS AUSTRALIA
Esso wraps up Turrum program
ESSO Australia has completed a five- The Marlin complex on the Kipper Tuna Turrum “The success of the Turrum drilling
well drilling program in its Turrum field project. Image courtesy ExxonMobil Australia. program demonstrates what is needed to
in the Bass Strait as part of an ongoing ensure future investment in Gippsland.”
investment to develop new gas supplies.
“In order to ensure the continuation of our
Esso, a subsidiary of ExxonMobil, spent $335 local operations, we must work together as
million to drill the four gas wells and one oil a team to find productivity improvements
well on the permit, following the start-up of the not just in major projects, but across the full
$4.5 billion Kipper Tuna Turrum project. spectrum of our business,” he said.
ExxonMobil Australia chairman Richard Mr Owen said the Esso-BHP Billiton
Owen said the drilling program was completed Gippsland basin joint venture supplies nearly
safely and ahead of schedule. 40 per cent of east coast Australian domestic
gas demand.
“The program involved drilling
approximately 20 kilometres of technically Turrum holds an estimated 1 trillion cubic
complex wells and installing more than feet of natural gas and 110 million barrels of oil
two thousand tonnes of casing, tubing and and gas liquids.
production equipment,” he said.
First oil from the Turrum field via the new
Marlin B platform was announced in October
2013. l
Hawkeye reserves not enough for Otto
DISAPPOINTING operator Otto Energy, prospects, including Cinco, in the licence exploration well after it withdrew from the SC
the Hawkeye 1 well drilled into the SC 55 which potentially share the same charge 55 licence in November 2013.
permit area in the Palawan basin offshore source.”
the Philippines in late July, has returned an Otto Energy was awarded SC55 by the
uncommercial result. The well was drilled to its planned total Philippines government in 2005, shortly after
depth of 2,920 metres, intersecting the top the group listed on the Australian Securities
In an announcement, Otto managing reservoir at 2,710 metres, with hydrocarbons Exchange, with the Hawkeye prospect first
director Matthew Allen said the Hawkeye 1 logged from there to 2,737 metres in a reservoir identified on 2D seismic in 2007.
well had proven the existence of hydrocarbons of “variable quality,” Otto said.
in the permit area. In its announcement, Otto said it was
Hawkeye 1 will now be plugged and preparing for upcoming exploration programs
“The hydrocarbon size discovered is however abandoned, the company said, with the well on its assets in Alaska and Tanzania.
at the very low end of expectations and is not completed ahead of schedule and ahead of
economic to develop,” he said. budget. “Whilst the result at Hawkeye is
disappointing, Otto is a well-funded explorer
“Otto will now incorporate the results from Otto was fully carried on the cost of drilling with high impact exploration activity in the
the well into our understanding of the other Hawkeye 1 by BHP Billiton, which agreed coming twelve months,” Mr Allen said. l
to pay US$24.5 million for the drilling of an
Octanex declares Ascalon discovery
OCTANEX has declared the location over undeveloped gas accumulations,” she said. designed to analyse and monitor both of these
its Ascalon discovery in the Southern “The next step is to secure a retention lease factors, the company said.
Bonaparte basin, the first step in the group
seeking a retention lease over the area. over Ascalon to enable Octanex to retain its Octanex also holds an 18.75 per cent interest
interest in the discovery.” in the Cornea oilfield offshore Western
The location covers 11 graticular blocks Australia, which it holds as an appraisal asset.
within the WA-407-P petroleum exploration It includes the Ascalon 1A discovery well,
permit, in which Octanex holds a 100 per cent drilled by Mobil in 1995, which intersected Located in the Browse basin, the oil volumes
interest. a gross gas column of 146 metres some 200 in the greater field are such that the company
metres off the crest of the structure. holds what it says is a “reasonable expectation
The Ascalon discovery is 465 kilometres of commercial development.”
west of Darwin in water depths of less than Also in the lease area is the Saratoga 1 well,
100 metres and is about 60 kilometres from the which hit an 8.5 metre gas column in the Octanex said this would be dependent
Ichthys to Darwin pipeline. overlying Sandpiper Sandstone formation. on threshold production flow rates being
produced and suitable oil prices being in place.
Octanex chief operating officer Rae Clark The Ascalon 1A discovery was subsequently
said the company had made the first move in mapped on the modern Ascalon 3D marine The company also holds various, wholly
positioning itself as a participant in the global seismic survey, acquired by Octanex in 2012, carried interests in five high impact permits
liquefied natural gas market. and on reprocessed vintage 2D seismic data. in the Dampier sub-basin and the Exmouth
Plateau of the Northern Carnarvon basin.
“This will be enhanced if Ascalon can Octanex seeks to determine the
take advantage of its close proximity to the commerciality of the discovery through further Octanex’s sole development asset is a 50%
Ichthys gas pipeline to Darwin or other nearby engineering assessment as well as responding stake in Ophir Production, a joint venture
to future gas market conditions. that holds the risk service contract for the
development of the Ophir oilfield off Malaysia.l
A retention lease work program will also be
40 ENERGY PUBLICATIONS CELEBRATING 34 YEARS OF PUBLISHING IN AUSTRALIA
