MELBOURNE, June 22 -- The Beach Energy Ltd.-Drillsearch Energy Ltd. joint venture made another Cooper basin west flank oil discovery in Eromanga reservoirs in southern Australia.
The JV’s Snellings-1 wildcat in permit PEL 91 flowed a total of 31.5 bbl of oil in a 2-hr test. Production has been suspended, but the well is expected to be brought on stream in the fourth quarter.
Snellings is the second in a planned five-well exploration program in the permit. The first, Hanson-1, drilled 1,500 m south of Snellings, also was a discovery with estimated recoverable reserves of 1 million bbl. It will be brought on stream during the third quarter.
The third well in the series is Arno-1, drilled a little to the north. It will spud soon.
Beach is operator of the permit with 40% interest. Drillsearch has 60%.
Beach finds more Eromanga oil in southern Australia