Karoon Gas Australia said that the Proteus ‐ 1 exploration well was spudded at 04:28 hours (WDT) today, 25 March 2013.
The Transocean Legend semi ‐ submersible rig is drilling the exploration well, which is operated by ConocoPhillips.
ConocoPhillips is the operator of the jointly held WA ‐ 314 ‐ P, WA ‐ 315 ‐ P and WA ‐ 398 ‐ P Browse Basin permits containing the previously announced Greater Poseidon gas discoveries. Karoon Gas Australia Ltd holds 40% of the permit WA ‐ 315 ‐ P and WA ‐ 398 ‐ P, and 90% of permit WA ‐ 314 ‐ P. Proteus ‐ 1 is the third well in the exploration program.
Proteus ‐ 1 is located in permit WA ‐ 398 ‐ P on a large tilted fault block approximately 14 kilometres south east of the Poseidon ‐ 1 discovery well.
[mappress] LNG World News Staff, March 25, 2013