The fourth well in the program, the Haslam-1 wet gas exploration well is located 4.6km south, south-west of the Middleton-1 Wet Gas Field and mainly targets structural-stratigraphic traps in the Patchawarra Formation in close proximity to existing PEL 106B wet gas discoveries.
The well also targets Toolachee Formation and Tirrawarra Sandstone for wet gas.
Drilling will be to a total depth of 2,828mRT and is expected to take 14-18 days.
Haslam-1 is estimated to have P10 High-side gross recoverable prospective resource potential of up to 19.6 BCF sales gas and associated hydrocarbon liquids.
The joint venture has agreed to cut up to 30m of core in the Haslam-1 well in order to target potential unconventional reservoir sequences.
Once recovered, these cores will be desorption tested and analysed for overall gas contents to assess the prospectivity of these intervals as potential unconventional reservoir targets.
Haslam-1 will be drilled as a conventional vertical well with wireline logging and possible testing planned after the well reaches total depth.
Drillsearch holds a 50% interest in PEL 106B and Beach Energy as operator holds 50%.
