PTTEP makes gas discovery offshore northern Australia

PTTEP Australasia has made a gas and condensate discovery with the Orchid-1 exploration well in permit AC/P54 in the Timor Sea.

Offshore staff

BANGKOK, Thailand– PTTEP Australasia has made a gas and condensate discovery with the Orchid-1 exploration well in permit AC/P54 in the Timor Sea.

Drilling began in January and reached a TD of 2,925 m (9,596 ft). The Orchid-1 well encountered gas and condensate with net pay thickness around 34 m (112 ft).

PTTEP said the result will be incorporated into development planning of the Cash-Maple field, which is estimated to contain 3.5 tcf of resources.

03/08/2019

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