Carnarvon Petroleum Limited reports that the Apache-operated Phoenix South-1 well has completed drilling the shallow hole section and is preparing to drill the intermediate section.
As at 06:00 hours this morning the well had drilled to 1,502 m MD and was in the process of setting 13 3/8” casing in preparation to drill ahead in 12 ¼” hole size.
The Company’s next scheduled announcement will occur after the intermediate hole section has been completed, anticipated to be in approximately two weeks’ time, Carnarvon said.
Apache Energy and JX Nippon are earning a 40% and 20% interest in the permit respectively through the drilling of the well down to 4,500 m
The well is being drilled using the Atwood Eagle semi-submersible drilling rig. The Phoenix South-1 is located within WA-435-P on the North West Shelf of Western Australia.
Total depth is scheduled to reach a minimum of 4,500m, but could extend to 5,000m depending on the presence of gas below 4,500m. The primary target for the Phoenix South-1 well is the interbedded sandstones, siltstones and claystones of the Early to Middle Triassic Lower Keraudren Formation and underlying Locker Shale, starting at an approximate depth of 3,600m.