Papua New Guinea: Talisman spuds Siphon well

By OGJ editors
HOUSTON, July 18
– Talisman Niugini Pty. Ltd. has spud the Siphon-1 exploratory well on a wet gas prospect on PPL 269 in Papua New Guinea.

The well is on a fault-bounded north-south elongated basement drape structure adjacent to and at about the same subsurface depth as the Stanley-1 gas-condensate discovery 10 km southwest in PRL 4.

Siphon-1 is expected to contain a Toro reservoir similar to that at Stanley-1, said New Guinea Energy Ltd., Sydney, whose Kirkland Ltd. unit holds 50-50 interests in the license with Talisman. Onlapping Imburu formation secondary reservoir targets are anticipated on the structure flanks.

The prospect occupies a similar location to Stanley-1 with respect to charge from the Cecilia and Kau troughs. The well is expected to reach a TD of 3,787 m in 57 days.



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