Oil and Gas News

Strike officially spuds SE1

Strike

Strike Energy has commenced drilling operations of the South Erregulla 1 well and is drilling ahead in the first hole section at a current depth of 1,045 m.

Strike will drill ahead to section depth planned at 1,945 m before running 13-5/8” casing and cementing it in place.

The well was officially spudded on 15 January 2022.

SE1 is being drilled with a further optimised design to ensure the well conditions when drilling (and coring) through the primary objective in the Kingia Sandstone are maximised for reservoir preservation and data acquisition.

South Erregulla is located in the 100 per cent Strike owned EP503 which adjoins EP469 where Strike as operator has made a large, high quality conventional gas discovery at West Erregulla.

SE1 lies less than five km to the South of the nearest successful West Erregulla intersection.

South Erregulla has significant resource potential in the Kingia Sandstones with a high chance of success due to the strong data control over the Erregulla region (wells and seismic), consistent geological outcomes in the Kingia and recent identification of updip connectivity to the known West Erregulla gas field.

SE1 expects to encounter the Kingia at a revised depth of 4,369 m ss, which is up to 200 m shallower than the penetration of the Kingia at West Erregulla 2.

Strike is planning to collect whole core and an advanced series of wireline logs across the Kingia Sandstones and on success will be flow tested to be completed as a future producer.

The primary objective of SE1 is to delineate approximately 350 PJs of high confidence resource to secure the gas requirements for Project Haber, Strike’s proposed Geraldton based 1.4 mtpa urea fertiliser manufacturing facility.

On confirmation of success at SE1, Strike will look to sanction additional detailed engineering (FEED), finalise the urea offtake, and progress the equity/debt processes for Project Haber.

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