Exploration & Production | Drilling / Well Results | Insights
Beach Energy Flows Shale Gas From Cooper Basin

Beach Energy Ltd flows gas from its shale well in Cooper Basin Nappamerri Trough exploration program, targeting the Permian section of PEL 218 (Beach 100%).
Moonta-1 vertical wellFlow back of the Moonta-1 well has commenced, with the wellhead choked back during early flow back of stimulation fluid and gas, which is flowing at a rate of 1.1 MMscfd and rising. Approximately 10% of the fracture stimulation fluid has been recovered to date.
The well reached total depth at 3,810 metres after which a ten stage fracture stimulation program was completed, with nine stages in the deeper Patchawarra Formation and one in the shallower Murteree Shale. Flow testing is planned to continue for at least one month, after which the well will be shut-in to allow for the monitoring of pressure build up and…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Austral-Asia News

Chevron First Quarter 2023 Results
Chevron Corp. announced its first quarter 2023 results. Highlights Reported earnings of $6.6 billion; adjusted earnings of $6.7 billion Cash flow from operations of $7.2 billion; free cash…

Chevron Fourth Quarter, Full Year 2022 Results
Chevron Corp. reported its fourth quarter and full year 2022 results. Chevron reported earnings of $6.4 billion ($3.33 per share - diluted) for fourth quarter 2022, compared with…

Chevron Third Quarter 2022 Results
Chevron Corp. reported its third quarter 2022 results. Chevron reported earnings of $11.2 billion ($5.78 per share - diluted) for third quarter 2022, compared with $6.1 billion ($3.19…

Civeo Corp. Second Quarter 2022 Results; Raises Guidances
Civeo Corp. reported financial and operating results for the second quarter ended June 30, 2022. Bradley J. Dodson, Civeo's President and Chief Executive Officer, commented: "In the second…

Chevron Promotes Knowles to VP / Controller Role
Chevron Corp. announced the appointment of Alana K. Knowles as vice president and controller, effective March 1, 2023. Knowles will succeed David A. Inchausti, who will resign from…