A three-well program commencing shortly will appraise a unique resource play.
Aurora Oil and Gas CEO Doug Brooks, who built his company on developing the Eagle Ford, informs Australian producers on the tricks and traps of shale exploration.
Resources are estimated at 3.5 Bboe, which is comparable to the Eagle Ford’s 3 Bboe.
Independent AWE Ltd. aims to tap into discoveries already made, ‘then layer the shale on top.’
Challenges include a shortage of support services, vendors, and good proppant sand.
But E&P is still in the concept phase, companies point out.
Wireline logs have confirmed a net pay interval in the mid-Namur formation of 5.3 metres and a subsequent drill stem test has resulted in oil free-flowing to surface at a rate of over 750 barrels per day with no associated water.
DUG Australia brings market-leading information on CSG, shale, and tight sands development to producers, the financial community, technical service providers, pipeline operators, policymakers, and other professionals.
The subsidiary is the registered holder of four exploration permits in the Beetaloo Basin, Northern Territory, Australia.
It is expected that Wolfman #1will be drilled vertically 1,720 meters (5,600 feet), and will take approximately 10 days to reach total depth.