Beach finds more oil in Eromanga basin

Beach Energy Ltd., Adelaide, and Cooper Energy, Perth, have discovered oil with their Elliston-1 wildcat drilled on permit PEL 92 in South Australia’s Eromanga basin.

The well, the first in a nine-well program earmarked for the permit, encountered 3 m of net oil pay within the Jurassic-age Namur sandstone. Initial estimates suggest the reservoir holds 100,000 bbl of oil.

The Namur is high-quality and has potential to deliver high flow rates.

Elliston-1 will be tied back to nearby infrastructure within a few months. The well is about 25 km south of the venture’s recent oil discovery, Rincon-1, on the same permit.

Operator Beach holds 75%, while Cooper holds the remainder.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...