OPERATIONS

Winchester Energy acquires new Texas oilfield

ASX-listed Winchester Energy now holds a 100% working interest over the 1145 acre Varn Oil Field in the Permian Basin, Texas, after it paid A$586,900 for the asset.

File photo: generic image of the Permian Basin

File photo: generic image of the Permian Basin

The Varn Field is made up of nine leases which are soon to be consolidated into one, the company says.  The lease will be held by production following "the drilling of one well." The Varn Field is...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

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

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.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.