Beach Energy Ltd advises that the Bauer-15 development well in PPL 253 (Beach 40% and operator, Drillsearch Energy Ltd 60%) has been cased and suspended as a future Namur oil producer, after intersecting 5.1 metres of net oil pay within the Namur Sandstone.

Bauer-15 was the second well in a six well development campaign at Bauer, with pre-drill modelling predicting a 3.5 metre net oil column in the Namur Sandstone. The well intersected the top of the Namur reservoir 2.2 metres high to prognosis, and is likely to increase the estimated ultimate recovery of oil from the Bauer field. This result provides encouragement for future Bauer field appraisal to the north of Bauer-15.

The first well in the development drilling campaign, Bauer-14, was drilled in the central part of the field and was cased and suspended as a future oil producer. Four further wells (Bauer-16, -17, -18 and -19) are currently being drilled from a single pad using the Ensign 965 rig.

Tags: Beach Energy Limited