The Australian Petroleum Production & Exploration Association (APPEA) has stated that volatility in east coast spot price markets has subject to the energy system being placed under pressure and therefore relying more on gas.
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Strike Energy has been testing the producibility from 15m of perforations across the Kingia Sandstone reservoir at 4,844m in the South Erregulla-1 well to great success.
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Silver City Drilling is set to become available for Blue Energy’s North Bowen appraisal drilling program (ATP 814) in late June. The spud of the first well in the program will be prepared shortly thereafter.
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AGL Energy has advised that it has decided to withdraw from the proposal to separate AGL Energy into AGL Australia Accel Energy via demerger.
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Strike Energy has mobilised the texting package to the South Erregulla-1 (SE-1) well site and has commenced rig up. Following this, Strike intends to perforate the 14 m of gas charged Kingia sandstone before commencing clean-up flows.
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The Vali gas project has continued to advance through its on-site operations. Likewise, the contracting of a rig for well completions and the sourcing of capital items required for construction, including pipe and plant materials, is in progress.
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Central Petroleum’s Palm Valley 12 (PV12) well in Permit OL3 has reached a depth of 1880m in the P1 unit of the Pacoota Formation. The well is located Southwest of Alice Springs in the Northern Territory and reached the aforementioned depth on the 23 May 2022.
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Drilling at Glenaras 27 has officially recommenced with Galilee Energy announcing that Silver City Rig 23 has commenced drilling the third well of the five well program.
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