Page 8 - Oil&Gas-AustralAsia-2015-Issue-3
P. 8
A USTRALIA
Karoon spuds Levitt-1 ByMarieRYAN
Karoon Gas Australia has announced
it has spudded the Levitt-1 well in
early July with the shallow-hole section
drilled to 73 metres, in a water depth of
1,163 metres, total depth is expected to
be reached during early August.
The company said the Ocean America Offshore operations. Image courtesy of
semisubmersible drilling rig is being Karoon Energy
used to drill the well which is targeting
a net unrisked prospective resource best
estimate of 110 million barrels (gross
220mmbbls) within the Carnarvon
Basin.
“Levitt-1 is designed to test the pres- Legendre formations which are expect- Australia Ltd has the remaining 50%
ence of a working petroleum system ed to receive hydrocarbons migrating interest.
generating from the Wigmore sub-ba- from the oil mature source kitchen. Prospective Resources Statement WA-
sin. The sub-basin contains a significant A successful result would open up a 482-P prospective resource volume
thickness of Jurassic source rocks of new exploration play in the Carnarvon estimates disclosed in Karoon’s 30 April
the same age as those known to charge Basin.” 2014 ASX announcement and
petroleum accumulations elsewhere in Karoon has a material 50% equity presented in the table below have been
the Basin,” the company said. interest in WA-482-P and is carried for independently assessed by DeGolyer
“The well is located to evaluate the 90% of the cost of the well. Joint venture and MacNaughton on a probabilistic
deeper North Rankin and the shallower partner, and operator Quadrant Energy basis. §
The Ocean America semi-submersible.
Image courtesy of Karoon Energy
A A06 OIL & GAS ustral SIA JULY/AUGUST 2015 www.oilandgasaustralasia.com
Karoon spuds Levitt-1 ByMarieRYAN
Karoon Gas Australia has announced
it has spudded the Levitt-1 well in
early July with the shallow-hole section
drilled to 73 metres, in a water depth of
1,163 metres, total depth is expected to
be reached during early August.
The company said the Ocean America Offshore operations. Image courtesy of
semisubmersible drilling rig is being Karoon Energy
used to drill the well which is targeting
a net unrisked prospective resource best
estimate of 110 million barrels (gross
220mmbbls) within the Carnarvon
Basin.
“Levitt-1 is designed to test the pres- Legendre formations which are expect- Australia Ltd has the remaining 50%
ence of a working petroleum system ed to receive hydrocarbons migrating interest.
generating from the Wigmore sub-ba- from the oil mature source kitchen. Prospective Resources Statement WA-
sin. The sub-basin contains a significant A successful result would open up a 482-P prospective resource volume
thickness of Jurassic source rocks of new exploration play in the Carnarvon estimates disclosed in Karoon’s 30 April
the same age as those known to charge Basin.” 2014 ASX announcement and
petroleum accumulations elsewhere in Karoon has a material 50% equity presented in the table below have been
the Basin,” the company said. interest in WA-482-P and is carried for independently assessed by DeGolyer
“The well is located to evaluate the 90% of the cost of the well. Joint venture and MacNaughton on a probabilistic
deeper North Rankin and the shallower partner, and operator Quadrant Energy basis. §
The Ocean America semi-submersible.
Image courtesy of Karoon Energy
A A06 OIL & GAS ustral SIA JULY/AUGUST 2015 www.oilandgasaustralasia.com
