Origin Energy Completes Test in Offshore Australia’s Otway Basin

Drilling Activity Details

Locations

Australia

Operators
Post Date
Shore Type
Well Name
#1-Thylacine
Geo Coordinate

Drilling Activity Summary

Description

Origin Energy Ltd., based in Sydney, completed a gas well in offshore Australia’s Otway Basin. The #1-Thylacine is in Tasmanian permit T/30P and it was drilled in approximately 100 m of water. The well hit a 281-m gross gas column in Cretaceous Waarre Sand. It was plugged and abandoned and the rig was moved about 15 km to the north to drill the Geographe prospect on permit Vic/P43. Preliminary estimates for in-place reserves are 600 Bcf to 1 Tcf. Partners in the venture are operator Origin (30%), Woodside Petroleum Ltd. (50%) and Benaris International Ltd. 20%.