Beach Petroleum begins Bass, Otway basins drilling program

The jackup West Triton has begun drilling operations for a back-to-back three-well drilling program in the Bass and Otway basins, according to Beach Petroleum.

Offshore staff

ADELAIDE, Australia -- The jackup West Triton has begun drilling operations for a back-to-back three-well drilling program in the Bass and Otway basins, according to Beach Petroleum.

The first two wells are located in the Bass basin just offshore the Tasmanian coastline in shallow waters less than 100 m (328 ft) deep. The first well, PeeJay-1 in T/39P, is targeting a potential P10 of 57 MMbbl of oil, in the upper eastern view group. It will be drilled to a depth of 2,133 m (6,998 ft), the company says.

The rig will then move northwest to T/38P, to drill the 2,088-m (6,850-ft) deep Spikey Beach-1 well. The well will target a potential P10 of 33 MMbbl of oil, also in the eastern view coal measures.

The program will then shift to a gas focus with the rig moving to the Fermat prospect in VIC/P46, a planned 3,500-m (11,483-ft) deep well. Fermat-1 will test a large gas prospect with potential reserves of well over 1 tcf.

10/15/2008

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