Karoon Gas Australia today announced that at 06:00 WST on the 5th of July preparations were being made to pressure test 7‐5/8” liner in the Proteus‐1 ST1 borehole .
The well is 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.
Since the last update, the 8‐1/2” hole section was drilled from 4494m to 4561m before running and cementing the 7‐5/8” liner. Drilling in the 6‐1/2 hole section is expected to commence early next week.
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 is the third well in the exploration program.
The Transocean Legend semi‐submersible rig is drilling the exploration well, which is operated by ConocoPhillips.
July 8, 2013