Exploration & Production
Drillsearch New Birkhead Oil Discovery
Print
|
Drillsearch Energy Limited (ASX: DLS) is pleased to advise that a new Birkhead Oil Discovery has been made at the Bauer-5 appraisal/development well location in PEL 91.
Bauer-5 encountered a 5 metre net oil pay column in good quality Birkhead Formation in stratigraphicly trapped sands. The interval was drill stem tested, with 48.3° API oil coming to surface after 28 minutes at a rate of approximately 1,160 barrels per day with no water production.
As was indicated in the 12 July 2012 ASX announcement, the Birkhead Formation was a secondary target of the appraisal/development drilling program to test Birkhead oil shows seen in the Bauer-1 discovery well.
Due to the stratigraphic nature of Birkhead accumulations, it will be difficult to estimate the additional mean recoverable barrels from…
- ✓ 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…