Central Petroleum completes Range-9 in Queensland
Sydney-listed Central Petroleum on February 28 said that Range-9, the second of two step-out pilot wells at Range gas project in Queensland, has been successfully drilled, cased and suspended in preparation for completion.
Total depth was reached at 702 m below rotary table with 29.8 m of net coal recorded. This compares to the average net coal of 32.9 m encountered in the four-well exploration programme located around the permit, Central said.
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“The 17% increase in net coal recorded at Range 9 compared to the initial pilot location is encouraging given the step-out spacing was only 2 km,” the company said. “The planned water production testing at both Range 9 and 10, however, will provide the key technical insight into well performance that is necessary to guide the forward appraisal programme and pathway to a final investment decision.”
Range 9 and Range-10, the first well in the programme, will be brought online once both wells have been completed and the wellhead facilities commissioned which is currently scheduled for late March subject to schedule impacts from ongoing wet weather events, Central said. The wells will then be tested over several months to understand water production rates.