Five from five: Callawonga-17 to be cased and suspended as a future producer
Cooper Energy has advised that the Callawonga-17 appraisal and development well, drilled by the PEL 92 joint venture (Cooper 25%, and Beach Energy 75% and operator) in PPL 220 in the South Australian Cooper Basin, will be cased and suspended as a future oil producer.
The final well in a five-well development campaign at the Callawonga oil field, Callawonga-17 was drilled to a total depth of 1,452 m, with its primary target, the McKinlay Member Sandstone, encountered 2.7 m high to prognosis, with 2.6 m gross thickness and an interpreted 1 m of net oil pay in a clean sand, Cooper advised.
Cooper stated that a further 1.8 m of net oil pay was encountered in the underlying Namur Sandstone.
“The drilling program addressed the potential of the McKinlay Member at Callawonga, which the joint venture considered underexploited,” Cooper Managing Director David Maxwell commented. “The program was an unqualified success, with five out of five wells completed as future oil producers and some wells intersecting better-than-predicted McKinlay Member Sandstone.
“The results can be expected to lead to an upgrade to reserve estimates for the Callawonga field and will be incorporated into plans for further development of the McKinlay Member.”