InterOil: Antelope-4 sidetrack confirms reservoir quality

InterOil Corporation informed that the Antelope-4 sidetrack-1 well in Total-operated PRL 15 in Papua New Guinea confirmed the Elk-Antelope field’s “high-quality”.

The wireline logging of the field’s southern extension measured 182 vertical meters of dolomite and a vertical gross gas column of about 339 meters, InterOil said in a statement on Wednesday.

InterOil Chief Executive Michael Hession said, “First, we intersected the top of the reservoir 36 meters higher than the original Antelope-4 penetration.”

He added that InterOil’s interpretation of data from Antelope-4 and Antelope-5 suggests that the field-wide gas-water contact is deeper than previously interpreted.

The PRL 15 joint venture intends to begin drilling Antelope-6 in December this year as part of the appraisal program to define the resource for the Papua LNG project.

The joint venture is also considering an additional appraisal well on the western flank of the Antelope field that could add an incremental volume of 1 to 3 Tcfe, the statement reveals.

Image: InterOil