Mustang-2 ready to produce

Oz duo: Mustang set to produce

Australia’s Beach Energy is ready to produce from the Mustang-2 appraisal well in the South Australian Cooper basin.

The Mustang-2 well has been cased and suspended as a future Birkhead oil producer after intersecting 6.4 metres of net oil pay.

It was found updip of the Mustang-1 oil discovery.

About 12 metres of gross sands was intersected in the well, almost twice the thickness of the Mustang-1.

Joint venture partner Senex Energy announced the suspension of the well.

Beach started drilling the well on 2 May about 570 metres north-west of the first Mustang discovery and was drilled to a total depth of 1915 metres.

The operator holds a 40% interest in the well while Senex holds a 60% interest.

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