Origin Energy Limited (Origin) has submitted a notification and initial report to the Northern Territory Department of Primary Industry and Resources to confirm the discovery of hydrocarbons at Amungee NW-1H, the final well in Stage 1 of the Beetaloo joint venture.
Production testing is underway and a further update will be provided once completed.
The notification and initial report of discovery are a requirement under the NT Petroleum Act and the details listed below satisfy the requirements of the Reporting a Petroleum Discovery Guideline.
Permit |
EP98 |
Well |
Amungee NW-1H |
Data |
Production test data supported by petrophysical log data and both full and sidewall core |
Rate |
Variable gas rates ranging from 0.8-1.2 mmscf/d (note that the well is also flowing back fracture stimulation fluid volumes, ranging from 100-400 barrels per day) |
Hydrocarbon properties (initial estimates) |
C1: ~95%, CO2: 2-4%, C2+: 1-3% |
Physical properties of the pool (initial estimates) |
Thickness: 30m; Porosity: 4-7.5%; Gas saturation: 50-75%; Permeability: 50-500 nD |
Petroleum in place (initial estimate) |
Evaluation underway |
Contacts
| Media Stephen Ellaway Senior External Affairs Manager Ph: +61 2 9375 5834 Mobile: +61 417 851 287 |
Investors Joanna Nelson Group Manager, Investor Relations Ph: +61 2 9375 5708 Mobile: +61 459 837 251 |
