OIL

Juniors explore Sandhills play in the English summer

MAGELLAN Petroleum Australia has announced that the Sandhills-2 well in PEDL 098 on the Isle of W...

This article is 19 years old. Images might not display.

The well, in the onshore Weald Basin, is being operated by Northern Petroleum and is expected to take about 31 days to drill and evaluate.

The Sandhills-2 drilling and evaluation program will assess the significance of oilshows that were intersected but not tested in the Sandhills-1 well drilled in 1982.

It also provides for the purchase of full hole core across the upper part of the Great Oolite Formation target, a complete suite of wireline logs and production testing of the target interval after drilling is completed.

Sandhills-2 is to be the first of three wells Magellan will take part in over the next 12 months.

It will return to the Great Oolite formation in the near future with plans for drilling programs in PEDLs 125 and 126, located in the Weald and Wessex basins. Those PEDLs are shared 50% with Northern Petroleum.

The ownership of Sandhills-2 is split between Northern Petroleum (57.5%), Magellan (22.5%), Oil Quest (7.5%), Black Rock (5%), Montrose Industries (5%) and Oil & Gas Investments (2.5%).

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

Future of Energy Report: Nuclear Power in Australia 2024

Energy News Bulletin’s new report examines what the energy and resources industry thinks of the idea of a nuclear-powered Australia.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.