Timor Sea well confirms gas potential in Evans Shoal

Eni has completed the Evans Shoal North-1 appraisal well in the Evans Shoal gas field in the Timor Sea, offshore Northern Australia, on behalf of the NT/P48 exploration permit partners.

Offshore staff

SAN DONATO MILANESE, Italy --Eni has completed the Evans Shoal North-1 appraisal well in the Evans Shoal gas field in the Timor Sea, offshore Northern Australia, on behalf of the NT/P48 exploration permit partners.

Results suggest Evans Shoal contains at least 8 tcf of in-place raw gas.

The field is in the NT/P48 exploration permit in the north Bonaparte basin, 300 km (186 mi) northwest of Darwin.

Evans Shoal North 1 was drilled in 111 m (364 ft) of water to a TD of 3,955 m (12,975 ft), 12 km (7.4 mi) from theEvans Shoal-2 well. Results suggest these wells share common reservoir characteristics and are in hydraulic communication.

On test, gas flow from the latest well reached an equipment-constrained rate of 30 MMcf/d.

Eni says it is committed to fasttrack development of known resources in this area. Its partners in the NT/P48 joint venture areShell (operator), Petronas Carigali (Australia), and Osaka Gas Australia.

10/28/2013

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