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The Melbourne-based midcap told the market today it had run a liner to the bottom of the well in preparation for production testing.
Information from the production test would be used in the detailed design of the production facilities for the Crux liquids project.
It follows news on Monday that Nexus had secured a tanker and a $50 million bank loan for the development.
Crux-3 is the first of three wells to be drilled in the greater Crux area over the next three months.
Two of the wells, including Crux-3, will be drilled in AC-P23 on the Crux field, in which Nexus has an 85% interest and Osaka Gas has 15%.
A third well will be drilled in the adjoining AC-P41 exploration permit to test the Libra exploration prospect, in which Nexus holds a 50% interest.
