Karoon Updates on Pharos-1 Exploration Well

Karoon Updates on Pharos-1 Exploration Well

As at 0600 WST on 27 June 2014 preparations were being made to commence drilling in the 6-1/2″ hole section of the Pharos-1 well. The current well depth is 4,950mRT, Karoon gas said in a statement.

Since the last update, the 8-1/2″ hole section was drilled from 4,570mRT to a depth of 4,950mRT. Two wireline logging runs were completed before 7-5/8′ liner was run to a depth of 4,949 mRT where it was cemented in place. Wireline logging of the 8-1/2″ hole section was undertaken to obtain information to assist future well design.

Pharos-1, the sixth and final well in the Browse Basin Phase 2 Exploration Drilling Campaign is located approximately 9 kilometres north east of Proteus-1 and will be a further test of the Proteus-Crown trend. Pharos-1 is targeting an extension of the discovery made at Proteus-1 which established excellent reservoir quality and condensate bearing gas in the Montara formation. Pharos-1 is a low risk exploration well with the potential to add considerable resource to any future Poseidon development.

The exploration campaign, operated by ConocoPhillips, is using the Transocean Legend semi-submersible rig for the final well. The principal objective of the campaign is to better define the size and quality of the hydrocarbon resource within the exploration permits which contain the Greater Poseidon trend. ConocoPhillips is the operator of the WA-398-P Browse Basin permit in which Karoon Gas Australia Ltd currently holds 40%.

Press Release, June 27, 2014

Share this article

Follow LNG World News

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 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 3 4 5

The 6th CWC China LNG & Gas International Exhibition & Summit

Following on from LNG 2019 and five successful editions in Beijing, the established China LNG & Gas International Exhibition & Summit…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

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

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 >