Carnarvon mobilises rig to Apus-1 well off WA
Sydney-listed Carnarvon Energy has mobilised the Noble Tom Prosser jack-up drilling rig to the Apus-1 well in the Bedout sub-basin off Western Australia and expects to start drilling operations within a week, it said on April 4.
The rig recently completed drilling the successful Pavo-1 well in proximity to the Apus-1 well location, which resulted in an oil discovery. Carnarvon estimates a gross mean recoverable volume of 235mn barrels of liquids and 408bn fty3 of gas in the Caley and Milne sands within the Apus structure, with Carnarvon holding an average interest of about 25% in the target resource.
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The Apus-1 well is located in the WA-437-P exploration permit in which Carnarvon holds a 20% interest. The Apus prospect straddles the boundary between the WA-437-P and WA-438-P exploration permits, with the resource interpreted to extend into WA-438-P in which Carnarvon holds a 30% interest, resulting in an average interest of about 25%.