Gas, Condensate Discovery Reported in Timor Sea Permit AC/P54
Drilling Activity Details
Locations
Australia
Post Date
Shore Type
Well Name
#1-Orchid
Geo Coordinate
Drilling Activity Summary
Description
PTTEP Exploration & Production announced a gas and condensate discovery at #1-Orchid, the first exploration well in Permit AC/P54 in the Timor Sea, Australia. The well was drilled to 2,925 m and encountered gas and condensate with a net pay thickness approximately 34 m. The discovery will be incorporated into development planning of Cash-Maple Field which contains an estimated resource of 3.5 Tcf of gas. AC/P54 is an exploration permit within the PTTEP Australasia project which comprises Permits AC/L3, AC/RL4, AC/RL5, AC/RL6, AC/RL7 (Cash-Maple Field), AC/RL10, AC/RL12 and AC/P54 in the Timor Sea off the northern coast of Western Australia.
Description
PTTEP Exploration & Production announced a gas and condensate discovery at #1-Orchid, the first exploration well in Permit AC/P54 in the Timor Sea, Australia. The well was drilled to 2,925 m and encountered gas and condensate with a net pay thickness approximately 34 m. The discovery will be incorporated into development planning of Cash-Maple Field which contains an estimated resource of 3.5 Tcf of gas. AC/P54 is an exploration permit within the PTTEP Australasia project which comprises Permits AC/L3, AC/RL4, AC/RL5, AC/RL6, AC/RL7 (Cash-Maple Field), AC/RL10, AC/RL12 and AC/P54 in the Timor Sea off the northern coast of Western Australia.