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Real Energy: cumulated gas flows at Tamarama-1 exceed 67 million ft3

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Oilfield Technology,

Cooper Basin focused oil & gas exploration company, Real Energy Corporation Limited, is has provided shareholders with an update on well performance for the Tamarama-1 well.

  • Cumulated gas flows to date exceed 67 million ft3 and 11 000 bbls of fluids.
  • Improved well performance post work over.
  • Water recovered appears to still be from original frack fluid and from Toolachee zone which is now shut off.
  • Well to continue flowing for a further period of 90 days.
  • Proving up the basin centred gas concept and a key step in Real’s efforts to commercialise the Windorah Gas Project.

The Tamarama-1 well has been free flow, producing gas and fluids to surface with rates fluctuating due to fluid interference. Notwithstanding this interference, the total estimated cumulated gas production to date after various periods of flow and pressure build-up is in excess of 67 million ft3 (million ft3) together with about 11 000 bbls of fluid.

Late last year, the company completed a work over where we closed off the Toolachee zone and left the Patchawarra zones open. The well performance has improved since this work over. The company has been investigating the source of the additional fluids and believes that it is likely that it come from the Toolachee zone (which has now been shut off). The most recent results of the laboratory analysis of recovered water samples indicate that it is more likely to be from the original frack fluids.

The company will continue flowing the well over the next 90 days and will be looking for increased gas and less fluid being recovered.

Tamarama-1 was drilled as an exploration well and has proved up the concept of Basin Centred Gas for the company. The results are a key step in Real Energy’s efforts to commercialise the Windorah Gas Project.

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