Beach Energy Ltd advises of a new Birkhead Formation oil discovery at Stanleys-1 in PRL 171 (Beach 40% and operator, Drillsearch 60%) and provides initial results from the first development well of the second Bauer Field pad drilling campaign.
Located in PRL 171 (within the former PEL 91) on the Western Flank, the Stanleys-1 exploration well is located 3.9 kilometres north-east of the Balgowan-1 oil discovery and 3.5 kilometres south-west of the Spitfire Field.
Stanleys-1 reached total depth on 5 March 2015 with strong oil shows encountered through the Birkhead Formation. Wireline logs indicated a seven metre gross reservoir interval corresponding to the strong oil shows. A drill stem test over an interval from 1,713 metres to 1,724 metres (measured depth) recovered 23 barrels of oil over 117 minutes at a calculated rate of 280 barrels of oil per day. Consequently, Stanleys-1 will be cased and suspended as a future oil producer.