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Victoria eyes more finds near Growler
By Upstream staff
Victoria Petroleum is hoping to establish a significant producing ‘oil province’ by making several more discoveries similar to its Growler find, which has estimated reserves of about 4 million barrels of oil.
Company managing director John Kopcheff said: “Exploration success at Growler-1 has established a new oil production target in the western part of PEL 104 and our adjoining PEL111 permit now that all three wells drilled in this western part of PEL 104 and PEL 111 have recovered oil from the Birkhead sands”
He added that that the company had four prospects in the vicinity of the Growler Prospect and another nine similar prospects in the adjacent PEL 111 to the north.
“Growler-1 is also an important well for Vicpet as it is the first well in a ten well exploration drilling programme to take place over the next six months in Victoria Petroleum’s South Australian and Queensland Cooper basin permits.”
The company is currently planning to carry out clean-up flows at Growler-1 over the next seven days to determine the initial rate of oil production from the well.
An extended production test is planned to start in mid-November to further evaluate the long-term production potential of the Birkhead sand oil zone.
A drill stem test over an interval of between 1728 metres and 1737 metres had flowed oil at a rate of about 400 barrels per day.
Partners in South Australia’s PEL 104 are operator Victoria (40%), Impress Ventures (40%) and Roma Petroleum (20%).
Thursday, 28 September, 2006, 03:24 GMT | last updated: Thursday, 28 September, 2006, 03:34 GMT
