Karoon Gas Australia today announced that at 06:00 WST on the 11th of June preparations were being made to commence scheduled BOP testing at the ConocoPhillips-operated Proteus-1 prospect offshore W. Australia .
Since the last update the sidetrack section, named Proteus‐1ST1,was successfully kicked off from the original Proteus‐1 borehole. Proteus‐1ST1 was then drilled to a depth of 4493m in the 8‐1/2” hole section where well control difficulties were encountered. On completion of BOP testing work to regain full well control will be carried out prior to drilling ahead in the 8‐1/2” hole section.
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 a 40% equity interest in permit WA‐315‐P and WA‐398‐P, and a 90% interest in permit WA‐314‐P. Proteus‐1 isthe 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 south east of the Poseidon‐1 discovery well. The Transocean Legend semi‐submersible rig is drilling the exploration well, which is operated by ConocoPhillips.