Pacific Rubiales intersects oil in Kangaroo well

Pacific Rubiales Energy Corp. announced that petrophysical logs and a wireline evaluation program has confirmed a 250 m gross, 135 m net oil column intersection in the Kangaroo-2 appraisal well.

The appraisal well was drilled in Block S-M-1165, approximately 300 m up-dip from the Kangaroo-1 discovery well. The company has a 35% participating interest in the wells and five surrounding blocks. Karoon Gas Australia Ltd. holds the remaining 65% interest and is operator.

Light oil was confirmed and recovered in multiple wireline tests from five separate reservoir sand intervals within the Palaeocene and Maastrichtian formations. Each interval has a separate oil/water contact, however pressure data indicates a common pressured aquifer. The oil recovered from 17 wireline tests is estimated at 40° API with a gas oil ratio (GOR) of 400 to 700 ft³/bbl. Reservoir sand porosities ranged from 21 to 34%, and a gas cap was not penetrated.

José Francisco Arata, President, commented: "We are very pleased with the results of the Kangaroo-2 appraisal well, which confirms the up-dip extension of the earlier Kangaroo-1 oil discovery. We feel very comfortable that this represents an oil discovery of significance on our blocks in the offshore Santos Basin, in Brazil. We are looking forward to the results of a planned production test and the drilling of the separate Kangaroo West prospect."

The current wireline operations are expected to be completed over the next several days. At that time, a production test is planned with an option to sidetrack and core the well, subject to final logging results. All operations are expected to be completed within the next four weeks before moving the rig to drill the separate Kangaroo West prospect, located approximately 2 km from Kangaroo-2, on the western side of the Kangaroo salt structure.

Adapted from press release by Katie Woodward

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/26112014/pacific-rubiales-finds-oil-in-kangaroo-well-1886/