Beach Energy completes Stage 1 in NTNG exploration
Beach Energy said it continued its Nappamerri Trough Natural Gas program in PRLs 33‐49 and ATP 855.
The Boston‐2 vertical well in PRL 37 was fracture stimulated in February 2015, beach Energy said. This stimulation campaign proved to be the most successful to date and demonstrated learnings acquired during the Stage 1 exploration phase. Eight stimulation stages were placed over a 10 day period, achieving a marked improvement in cost and operating efficiencies.
Although stimulation intervals were successfully placed, subsequent mechanical issues down‐hole restricted the ability to clean the well bore. Minimal gas flowed to surface and consequently Boston‐2 will be plugged and suspended. This marks the end of the Stage 1 work program in PRLs 33‐49. Chevron, the holder of 30% stake was notified of formal completion of the work program and has up to 60 days from that date to advise Beach of its decision as to Stage 2 participation.
Beach Energy said that the ATP 855 Stage 1 work program was completed in January 2015. Chevron is required to notify Beach of its decision as to Stage 2 participation by 31 March 2015.
Having achieved all technical objectives for this exploration phase, and with a significant volume of data collected, the company continues to progress its understanding of this deep gas play.
As Beach Managing Director, Reg Nelson, said, “Should the ultimate goal of commercialisation be achieved, the NTNG resource will be uniquely positioned to service east coast gas market demand for many years to come.”
Image: Beach Energy