Armour Energy spuds Horseshoe 4 well in Queensland
Published by Nicholas Woodroof,
Editor
Oilfield Technology,
Like the recently drilled MCN1 well, the HS4 development well aims to assess both the conventional and tight-gas potential of the demonstrated working hydrocarbon system in the regional Permian and Triassic reservoirs in the prolific Myall Creek Field. Silver City Drilling Rig 20 has relocated from Myall Creek North 1 well (MCN1) and will drill HS4 to a prognosed 2073 m total vertical depth.
The company plans to connect the HS4 well to the gas gathering system immediately after the well has been completed and flow tested to enable commercial production through the Kincora facility, and gas sales at the earliest opportunity. Armour will keep the market informed on progress. Armour’s 2019 work programme is targeting an increase in liquid rich gas production and revenue through the drilling of the recently completed MCN1 and this HS4 well. In addition to these wells, a workover campaign to optimise and increase production from existing wells, including the fracture stimulation of Myall Creek 5A, will be executed. The total duration of these activities is planned to be approximately 3 months.
This HS4 well, together with the recently drilled MCN1 and other 2019 work program activities, is part of Armour’s Phase 3 growth strategy.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/23102019/armour-energy-spuds-horseshoe-4-well-in-queensland/
You might also like
TotalEnergies increases its interest in giant field Moho and divests two mature assets
TotalEnergies announces that its 85%-owned affiliate, TotalEnergies EP Congo, has signed an agreement with Trident Energy combining the acquisition of an additional 10% interest in the Moho license from Trident Energy and the sale to Trident Energy of its 53.5% interest in the Nkossa and Nsoko II licenses.