Sunday, April 7, 2019

Muruk 2, Pikka wells drilling positive

Image result for The results of the Muruk 2 well in PNG and the four Pikka Unit

Posted on Post Courier

The results of the Muruk 2 well in PNG and the four Pikka Unit well penetrations in Alaska are very pleasing, with hydrocarbons encountered in all five wells.
This was according to Oil Search managing director Peter Botten (pictured) after the results of its successful drilling.
Mr Botten said Oil Search’s drilling and safety performance has been excellent in these very challenging environments and clearly demonstrates Oil Search’s capability and commitment to conduct safe and responsible operations.
He said the Muruk 2 well was a significant, 12 kilometre step out north-west of the Muruk 1 gas discovery well, designed to test the extent and materiality of the Muruk 1 gas discovery drilled in 2016.
“The original Muruk gas discovery was just 22 kilometres from the nearest Hides gas field infrastructure. Muruk 2 has penetrated gas-saturated Toro A sands in pressure communication with Muruk 1 ST3,’’ he said.
‘‘Testing of the well will continue over the coming weeks to assist in determining the potential gas resources in the Muruk gas field.
This is a positive outcome, indicating continuity of the trap over a significant distance, close to existing facilities.
“In Alaska, we commenced our first drilling operation in December, only 10 months after completing the acquisition of our Alaskan assets in February 2018.
‘‘The Company’s performance in the 2018/2019 winter drilling season has met or exceeded expectations for planning, safety, drilling, subsurface data gathering and overall performance.”
He said confirmation of well deliverability was a key objective of the winter drilling program.
While Pikka C ST1 flow rates were impacted by well clean-up and mechanical issues, sufficient data were acquired from the well, which is located at the northerly limit of the field, to support our pre-drill expectations.
“Based on the initial evaluation of the Pikka C data, with the excellent results from the Pikka B well, which have exceeded expectations, we anticipate deliverability from the development will, at a minimum, meet our project assumptions, with material upside potential, supporting a planned FEED entry later this year,’’ Mr Botten said.
‘‘We have established a highly experienced team in Alaska and are advancing our preparations across several other areas including permitting, cooperation discussions with other North Slope operators and evaluation and assurance of the development options, which take into consideration key stakeholder issues and concerns.
“The results of the drilling in both PNG and Alaska represent an excellent start to 2019, which promises to be an exciting year.”

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