Drillsearch spuds two Australian wells

PEL 91 Western Flank oil fairway: Beach and Drillsearch have spudded the seventh well on the Bauer oilfield in South Australia's Cooper basin

DRILLSEARCH ENERGY

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Danica Newnham

 30 July 2012 05:55 GMT

Australia-listed Drillsearch Energy has spudded two oil wells in the Cooper basin – Bauer-7 on the Western Flank oil fairway in South Australia, and Olive Oyl-1 in the Tintaburra Block in South West Queensland.

The PEL 91 joint venture, comprising Beach Energy (as the operator with a 40% interest) and Drillsearch (with a 60% stake), is drilling Bauer-7 as an oil production well in the eastern portion of the Bauer oilfield, with a primary objective to develop the McKinlay and Namur pay zones.

Drillsearch stated that the well was also designed to test the extent of the field’s eastern boundary and would be drilled as a vertical well.

Bauer-7 is located half a kilometre to the east-southeast of Bauer-5, which made a new oil discovery in the…

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