MEO Australia Limited provides the following update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia Ltd.
At 07:00 Darwin time on Tuesday 16th October, 216mm (8 ˝”) hole had been drilled from 4,328m to 4,346mMDRT (metres Measured Depth below Rotary Table). A 12.6m core was cut from 4,346m to 4,358.6m MDRT and 10.3m recovered to surface. Mud weight was increased due to increasing background gas while coring. There have been no reportable incidents.
At report time, Heron South-1 was preparing to drill ahead from 4,358.6mMDRT. The forward plan is to drill to the final Total Depth (TD) as determined by intersecting the interpreted gas water contact. Upon reaching TD, A comprehensive formation evaluation program will be conducted. If warranted, a production test will be run to determine reservoir productivity.
The key objectives of the well are to determine the productivity of the Elang-Plover reservoir and the gas composition.
An overview of the NT/P68 permit including location map and simplified Heron structural cross section are attached for reference.
[mappress] Press Release, October 16, 2012