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Karoon Gas to drill Echidna-1 exploration well


Published Mar 23, 2015
Karoon Gas

As at 1330 hrs BRT on the 18 March 2015, the Kangaroo West-1 exploration well, located in exploration block S-M-1165, had reached its planned total depth of 3,170 mRT. Based on mudlog and LWD petrophysical data, no hydrocarbons were intersected.

The well intersected a good thick sealing unit before penetrating a thick sequence of Paleocene to Campanian interbedded sands and shales. The lack of hydrocarbons is attributed to a lack of oil migration charge into the structure, previously recognised as the main risk with this prospect.

Since the 16 March 2015 Progress Report No 2, the well was drilled from 1,759 mRT to the current depth. Current operations are completing a wireline logging program. The rig will then move to the next well location in the coming days.

Tags: Karoon Gas Australia Ltd




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