Australia: Blue Energy Updates on Stagmount 1 Exploration Well

Blue Energy provided a weekly update report with respect to the drilling of the company’s Stagmount 1 exploration well in ATP813P, Galilee Basin, Central Queensland.

Stagmount 1 is the first well in a two well program to be drilled in the permit this year.

The primary objective of the well is to increase the resource potential of the permit with the two- well program estimated to potentially add up to 500 Petajoules (PJ) of Contingent Gas Resource to the currently assessed resource base in the wholly-owned Blue Energy permit. To achieve this objective, continuous core will be obtained through the Betts Creek Beds in Stagmount 1 to assess the thickness, gas content and quality of coals within the formation.

The Stagmount 1 exploration well is located in Blue Energy’s 100% owned ATP813P in the Galilee Basin of central Queensland. The well is situated approximately 40 kilometres north of the town of Aramac.

LNG World News Staff, November 27, 2013; Image: Blue Energy

Share this article

Follow LNG World News

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >