A joint venture (JV) comprised of Triangle Energy, Strike Energy and New Zealand Oil & Gas is set to drill the Booth-1 well in the North Perth Basin in Australia.
The Booth prospect, located in a depth of approximately 9,514 ft, is planned to be the first well in the upcoming JV’s drilling campaign.
The well plans to target gas at the Kingia-High Cliff reservoirs with potential for oil or gas in the overlying Dongara and Jurassic sandstones, Triangle said in its April 18 press release.
The JV contracted the Ventia 106 rig to drill the Booth-1 well in Permit L7 in the North Perth Basin. The Booth Prospect has potential for both oil and gas, with a prospective resource range of 113 Bcf to 540 Bcf.
Drilling of Booth-1 is scheduled for late June-July, Triangle said.
The second well in the program, the previously identified Becos oil prospect, has a resource range of 1 MMbbl to 21 MMbbl with a “mid-case” of 5 MMbbl, Triangle said. Becos is located in EP 437 at a depth of just over 3,280 ft.
Triangle expects to drill Becos in the third quarter of 2024.
Other potential targets for a third well in the L7 permit include the previously unmapped Huntswell Deep, MH-2 Updip and Mountain Bridge South, located in the southern portion of L7.
Recommended Reading
Deepwater Roundup 2024: Americas
2024-04-23 - The final part of Hart Energy E&P’s Deepwater Roundup focuses on projects coming online in the Americas from 2023 until the end of the decade.
Remotely Controlled Well Completion Carried Out at SNEPCo’s Bonga Field
2024-02-27 - Optime Subsea, which supplied the operation’s remotely operated controls system, says its technology reduces equipment from transportation lists and reduces operation time.
E&P Highlights: April 29, 2024
2024-04-29 - Here’s a roundup of the latest E&P headlines, including a new contract award and drilling technology.
E&P Highlights: March 11, 2024
2024-03-11 - Here’s a roundup of the latest E&P headlines, including a new bid round offshore Bangladesh and new contract awards.
E&P Highlights: May 6, 2024
2024-05-06 - Here’s a roundup of the latest E&P headlines, including technology milestones and new contract awards.