Stene Hultgren Is Ready To “Rig Up”

Stene Hultgren. Sun Times photo
By Darryl L. Flowers

Stene Hultgren would like a summer job. On an oil rig.

The 19 year old, a Freshman at Montana Tech in Butte where he is studying Petroleum Engineering, says he would like to take on any job in the oil field to get started, “I would like to get the experience of working on a rig.”

Stene is the grandson of “Swede” and Faye Olsen of Fairfield. He grew up in Molt, Montana where he was homeschooled by his Mom, Tara.

According to Hultgren, there are three types of Petroleum Engineers: Reservoir, Drilling and Production. “I want to pursue Drilling and Production… the Reservoir engineers have to spend too much time in an office looking at charts and data.”

Growing up on the family farm in Molt, Stene says he is accustomed to the hard work he expects on a rig, “I enjoy working from sun-up to sundown, as long as I’m outdoors.” He adds that being in Butte is hard for him, saying that he is not able to get out of town much, “But I love going to ‘Tech’.”

Hultgren made his decision to work in the oil patch at an early age. When he was 13, he was working with a neighboring farmer when he was asked what he wanted to do when he grew up. The farmer was good friends with Billings oil man Tom Hohn and helped arrange a chat with Hohn. When his Dad, Randy Hultgren found out Stene had an interest in oil and gas, he told his son he knew another oilman, Tom Hauptman, a geologist and surveyor, who also encouraged Stene.

Montana Tech is recognized as being one of the leading Petroleum Engineering and Geology schools in the nation. At a recent career fair on campus, 43 oil and mining firms showed up looking for resumes. Stene was not able to take part, the event is for juniors at the school.

Hultgren is fascinated with the fast pace of the industry, “Developments seem to happen overnight… new technologies… new oil fields are constantly being discovered to make oil exploration and production more efficient.

Stene says when he graduates he hopes to stay in the Montana, or maybe North Dakota Oil Patch. Asked if he would like to work on a rig in the ocean, he doesn’t seem enthused about the possibility, or even the question. After pondering for a few seconds, he admits that working on a rig in Norway, where his ancestors come from would interest him, maybe working for a company like Norwegian oil giant Statoil.

But the thought of working on a rig down south, in the Gulf of Mexico, causes Stene to shake his head, “Man, down there south of Texas… it’s too hot to work on a rig out in the ocean.”

Spoken like a true Montana oilman.

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Slawson Completes Well Into Upper Bakken Member: Weekly Oil Report

A Bakken well being drilled in Richland County. Sun Times photo by Darryl L. Flowers

Compiled by Darryl L. Flowers

New Locations

In Fallon County’s Cabin Creek Field,  Denbury Onshore, LLC was approved to drill the Unit 11X-03, located at NW NW 3-9N-58E (307 FNL/743 FWL). The well will reach the Red River Formation with a Proposed Depth of 9,400 feet.

In Glacier County’s Cut Bank Field,  Montalban Oil & Gas Operations, Inc. was greenlighted to drill the Kruger 12, located at NW SW 13-37N-5W (1650 FSL/990 FWL), reaching the Madison Formation with a Proposed Depth of 2,900 feet.

In Musselshell County, Antelope Resources, Inc. was approved to drill the Lida Kluzek 2, located at NW NW 20-11N-28E (616 FNL/659 FWL) and targeting the Amsden Formation at 3,300 feet.

New Locations – Horizontal Wells

There were eight new horizontal wells approved during the reporting period. All eight wells will target the Bakken Formation in Richland County and fly the Continental Resources Inc. banner.

The Mufflin 1-30H has a Surface Hole Location (SHL) at NW NE 30-23N-54E (260 FNL/1780 FEL) and a Probable Bottom Hole Location (PBHL) of 14,369 feet at SW SE 30-23N-54E (200 FSL/1980 FEL); the McHenry 1-35H has an SHL at NE NW 35-24N-52E (295 FNL/1553 FWL) and a PBHL of 14,030 feet at SW SW 35-24N-52E (200 FSL/660 FWL); the McHenry 2-35H has an SHL at NE NW 35-24N-52E (295 FNL/1598 FWL) and a PBHL of 13,818 feet at SE SW 35-24N-52E (200 FSL/1980 FWL); the McHenry 3-35H has an SHL at NW NE 35-24N-52E (270 FNL/1343 FEL) and a PBHL of 13,953 feet at SW SE 35-24N-52E (200 FSL/1980 FEL); the McHenry 4-35H has an SHL at NE NE 35-24N-52E (270 FNL/1298 FEL) and a PBHL of 13,957 feet at SE SE 35-24N-52E (200 FSL/660 FEL); the Charlotte Federal 3-11H has an SHL at NW NE 11-25N-52E (260 FNL/2390 FEL) and a PBHL of 19,007 feet at SW SE 14-25N-52E (200 FSL/2200 FEL); the Parsons Federal 1-6H has an SHL at NE NW 6-26N-53E (359 FNL/2098 FWL) and a PBHL of 18,461 feet at SE SW 7-26N-53E (200 FSL/1980 FWL) and the Mulholland Federal 1-32H, with an SHL at SE SW 32-27N-56E (260 FSL/1345 FWL) and a PBHL of 19,973 feet at NE NW 29-27N-56E (200 FNL/1980 FWL).

Re-Issued Locations

In Carbon County, J.J. Bunkirt Oil & Gas Corp. has been approved for two wells.

The Federal 22-26, located in the South Clark’s Fork Field at SE NW 26-9S-22E (1955 FNL/2086 FWL) will target the Greybull Formation at a Proposed Depth of 8,300 feet.

The Summit 21-26, located at NW NE 26-9S-22E (1109 FNL/2473 FEL), has a Proposed Depth of 5,800 feet, aiming for the Colorado Shale.

Completions

In Powder River County’s Bell Creek Field, Denbury Onshore, LLC filed a completion report for the Bell Creek Consolidated 33-09R. The well has an SHL at NE SE 33-8S-54E (1900 FSL/661 FEL) and a Bottom Hole Location (BHL) of 4,635 feet at NE SE 33-8S-54E (1841 FSL/940 FEL), reaching the Skull Creek Formation.

The remainder of the completions were in Richland County.

Slawson Exploration Company Inc. filed a completion report for the Boomerang 3-4H. Geologists had been watching this well closely, calling it a “significant completion.” The Boomerang is situated far south of the Elm Coulee Field, with an SHL at NE NW 4-20N-60E (240 FNL/2225 FWL) and a BHL of 15,226 feet at SE SW 4-20N-60E (255 FSL/2596 FEL). At this location, the middle layer of the Bakken System disappears as it is “pinched out.” The Boomerang was drilled into the upper layer of the Bakken. The well reported an Initial Potential of 414 Barrels of Oil Per Day (BOPD), 124 Thousand Cubic Feet of gas Per Day (MCFPD) and 903 Barrels of Water Per Day.

Slawson filed completion reports on three other Bakken wells.

The Archer (Federal) 1-26H has an SHL at NW NW 26-24N-52E (300 FNL/660 FWL) and three laterals: 13,720 feet at SW SW 26-24N-52E (259 FSL/741 FWL); 13,187 feet at NE NE 26-24N-52E (746 FNL/535 FEL) and 13,882 feet at SE NE 26-24N-52E (2450 FNL/313 FEL), the reported IP was 490 BOPD, 539 MCFPD and 275 BWPD. The Android 1-6H has an SHL at SE SE 6-23N-53E (540 FSL/850 FEL) and a BHL of 13,049 feet at NE NE 6-23N-53E (767 FNL/771 FEL) and turned in an IP of 180 BOPD, 210 MCFPD and 136 BWPD. The Rustler 1-4H has an SHL at NE NE 4-23N-52E (200 FNL/700 FEL) and a BHL of 13,948 feet at SE SE 4-23N-52E (250 FSL/780 FEL) and reported an IP of 247 BOPD, 272 MCFPD and 455 BWPD.

Continental Resources Inc. reported the completion of the Candee 3-18H. The Bakken well has an SHL at NE NE 18-24N-53E (145 FNL/380 FEL) and a BHL of 19,274 feet at SE SE 19-24N-53E (208 FSL/784 FEL) and reported an IP of 109 BOPD and 64 MCFPD.

Whiting Oil and Gas Corporation reported the completion of the Simmers 4 21-30-1H, with an SHL at

NE NW 30-25N-57E (375 FNL/1600 FWL) and a BHL of 20,461 feet at SW SW 31-25N-57E (243 FSL/721 FWL). The Simmers reported an IP of 470 BOPD, 256 MCFPD and 1,080 BWPD.

Oasis Petroleum North America LLC filed a completion report for the Sherri 2658 43-9H, with an SHL at SW SE 9-26N-58E (225 FSL/2000 FEL) and a BHL of 20,460 feet at SW SE 21-26N-58E (303 FSL/1456 FEL). The well turned in an IP of 860 BOPD, 644 MCFPD and 186 BWPD.

Expired Permits

All three expired permits for the reporting period were located in Roosevelt County: EOG Resources, Incorporated’s NBB 3-3031H, located at NE NW 30-30N-59E (250 FNL/2425 FWL) and two G3 Operating, LLC wells: the McCabe 1-2-11H, located at NE NW 2-29N-56E (250 FNL/2020 FWL) and the KDW 1-26-35H, located at NE NW 26-30N-56E (250 FNL/1980 FWL).

Abandoned Wells

In Big Horn County’s CX Field, the permits for six wells operated by Fidelity Exploration & Production Co. expired: the Consol Federal 2399 43D, located at NE SE 23-9S-39E (1800 FSL/990 FEL); the Consol Federal 2699 44D, located at SE SE 26-9S-39E (833 FSL/644 FEL); the Consol Federal 2699 44C, located at SE SE 26-9S-39E (795 FSL/733 FEL); the Consol Federal 2399 43C, located at NE SE 23-9S-39E (1785 FSL/1072 FEL); the Consol Federal 2399 43M, located at NE SE 23-9S-39E (1807 FSL/1032 FEL) and the Consol Federal 2699 44M, located at SE SE 26-9S-39E (815 FSL/685 FEL).

In Glacier County’s Cut Bank Field, the permits for two wells operated by Quicksilver Resources, Inc. expired: the Jacobsen-Lee 3, located at C NE SW 23-37N-5W (1980 FSL/1980 FWL) and the Jacobsen Lee 1, located at C NW NW 23-37N-5W (660 FNL/660 FWL).

Also in Glacier County, the permit for the Gage 3606-19-01, operated by Rosetta Resources Operating LP expired. The Gage was located at NE NE 19-36N-6W (390 FNL/660 FEL).

In Toole County, the permit for Keesun Corporation’s Leuck 6-13, located at SE NW 13-34N-3W (2420 FNL/1650 FWL), expired.

Darryl L. Flowers is the Publisher of the Sun Times in Fairfield, Montana, www.fairfieldsuntimes.com. Darryl can be reached at publisher@fairfieldsuntimes.com.

Geological Society Has Presentation On Southern Alberta Bakken

Geophysicist Eric Johnson Sun Times photo by Darryl L. Flowers
By Darryl L. Flowers

Last Wednesday Billings Geophysicist Eric Johnson spoke to a full house at the Petroleum Club in Billings regarding oil exploration along the Eastern Slope of the Rockies.

The occasion was a regular monthly presentation of the Montana Geological Society.

According to the MGS’ Jay Gunderson, the monthly gatherings typically bring in 25-35 people. 48 showed up for Johnson’s lecture.

Johnson told the crowd that the oil in the Cut Bank oil field in Glacier County has been determined to have originated in the Bakken System. The Cut Bank oil was found at a much shallower depth than the Bakken since the formation has fractured in a zone along the Rockies known as the overthrust belt.

“There’s no reason not to expect Bakken oil in NW Montana,” said Johnson. “Landslide Butte has more shale than Elm Coulee.” Landslide Butte is located in Glacier County, to the northeast of Browning. Elm Coulee is the legendary Bakken oil field in eastern Montana, the area of some of the most prolific wells in the state.

Addressing the issue of why exploration firms drilling in NW Montana have had difficulty finding the sweet spot while Canadian firms such as Shell Canada, DeeThree and Crescent Point enjoy success on the north side of the border, Johnson commented, “There is something going on as you cross the [Canadian] border, and I don’t think it’s the geology that has changed.”

Limited production start-up at In Amenas

Photo: Kjetil Alsvik / Statoil

Algerian facility was target of terrorism…

Published: Saturday, February 23, 2013 9:55 AM CST

On Friday, the In Aménas gas facilities in Algeria operated by the Joint Venture partners Sonatrach, BP and Statoil, initiated a limited production start-up. The news came in a press release issued by Statoil.

Production from the plant’s train 1 was started-up following a detailed review of technical integrity, security, and other conditions, and after the partners had concluded that the criteria required to ensure a safe restart of train 1 had been met. The remaining two production trains were damaged during the terror attack, and will not be put on stream until it is safe to do so.

The physical inspection of train 1 was conducted by Sonatrach on behalf of the Joint Venture, and the documentation has been fully reviewed by both Statoil and BP.

“The Joint Venture has initiated a limited production start-up at In Amenas. We thank Sonatrach for the work they have done and continue to do on behalf of the Joint Venture, during this difficult time for everyone involved”, says Lars Christian Bacher, executive vice president for Development and Production International in Statoil.

During the production start-up phase, the facilities will be operated by Sonatrach on behalf of the Joint Venture. Statoil and BP staff will not yet be redeployed but technical specialists will provide support when needed, in line with strict security procedures established for short-term visits.

Statoil is currently in a close dialogue with Algerian authorities, Sonatrach and BP about the necessary conditions for full production and a redeployment of staff.

“The safety and security of our people is our utmost priority. We will take whatever time needed to conduct all required assessments and reviews and take all necessary precautions before we consider a re-entry of Statoil personnel,” says Bacher.

Coinciding with production start-up, Sonatrach will hold a commemoration ceremony at the In Amenas facilities Sunday 24 February in connection with the Algerian Day of Nationalisation of Hydrocarbons. A memorial monument with the names of the victims of the terror attack will also be unveiled.

Bill Barrett Corporation Gets Permit For Toole County Well: Weekly Oil Report

A rig drilling along the Eastern Slope. Sun Times photo by Darryl L. Flowers

Simmes Ranch 41-11-36-3WH to target “Exshaw Shale”

Compiled by Darryl L. Flowers

New Locations – Horizontal Wells

Richland County is “Rockin’ the Bakken” again, with three new Horizontal wells approved. Whiting Oil and Gas Corporation was approved for the Kittleson Federal 14-9-1H. The well has a Surface Hole Location (SHL) at SW SW 9-26N-57E (50 FSL/965 FWL) and a Probable Bottom Hole Location (PBHL) of 20,499 feet at 4-26N-57E (240 FNL/660 FWL).

Continental Resources Inc. was greenlighted for two wells. The Gidley 1-18H has an SHL at SE SW 18-25N-52E (335 FSL/1980 FWL) and a PBHL of 13,221 feet at NE NW 18-25N-52E (200 FNL/1980 FWL). The Earl-Reimann 4 HSU has an SHL at SE SE 14-23N-55E (240 FSL/298 FEL) and a PBHL of 20,135 feet at SE SE 26-23N-55E (660 FSL/0 FEL).

Re-Issued Locations

In Fallon County, Fidelity Exploration & Production Co. was approved for three Re-Issued locations: the Fee-BR 2847, with an SHL at NE SE 29-5N-61E (2612 FSL/1293 FEL); the Fee-BR 2848, with an SHL at NW SW 29-5N-61E (2612 FSL/1227 FWL) and the Fee-BR 2849, with an SHL at SE SW 29-5N-61E (1273 FSL/2569 FWL). All three wells will target the Eagle Formation at a Proposed Depth of 2,000 feet. The wells are in the Cedar Creek Field.

In Glacier County, Anschutz Exploration Corporation was issued a permit for the South Fork 1-29H-34-12. The well has an SHL at SE SE 29-34N-12W (785 FSL/785 FEL) and a PBHL of 16,140 feet at SW NE 20-34N-12W (1601 FNL/1641 FEL). The South Fork will aim for the Cretaceous Undifferentiated.

In Powder River County, Denbury Onshore, LLC won approval of two permits, both in the Bell Creek Field. The Unit 3116R will have an SHL at SE SE 31-8S-54E (756 FSL/552 FEL) and a Proposed Depth of 4,772 feet; the BCUD 5614R will have an SHL at SE SW 6-9S-54E (738 FSL/1854 FWL) and a Proposed Depth of 4,800 feet. Both wells will target the Skull Creek Formation.

In Sheridan County, Marathon Oil Company was approved for two wells, both aiming for the Bakken Formation. The Bryon Hendrickson 21-18H has an SHL at NE NW 18-31N-59E (369 FNL/1770 FWL) and a PBHL of 19,391 feet at SE SW 19-31N-59E (250 FSL/1520 FWL) and the Haral Hoff 41-30H has an SHL at NE NE 30-31N-59E (297 FNL/671 FEL) and a PBHL of 19,691 feet at SW SE 31-31N-59E (250 FSL/1520 FEL).

In Toole County, Bill Barrett Corporation was greenlighted for the Simmes Ranch 41-11-36-3WH. The well has an SHL at NE NE 11-36N-3W (400 FNL/735 FEL) and a PBHL of 7,360 feet at SE SE 11-36N-3W (400 FSL/735 FEL), targeting the Exshaw Shale.

Permit Modifications / Corrections

A permit was issue to Slawson Exploration Company Inc. for the Scavenger 1-28H in Richland County. The well has an SHL at NE NE 28-24N-52E (280 FNL/350 FEL) and two laterals with PBHLs of 13,454 feet at SE SE 28-24N-52E (250 FSL/750 FEL) and of  13,604 feet at NW NW 28-24N-52E (750 FNL/250 FWL). Both laterals tap into the Bakken Formation.

Completions

In Richland County, Shadwell Resources Group, LLC reported the completion of the Velma SWD 1-10H, with an SHL at NW NW 10-23N-58E (350 FNL/750 FWL).

XTO Energy, Inc. reported the completion of two Richland County wells. The Beagle 12X-17, has an SHL at SW NW 17-23N-59E (2290 FNL/300 FWL) and a BHL of 19,884 feet at SE NE 16-23N-59E (2077 FNL/761 FEL). The Bakken Formation well reported an Initial Potential (IP) of 469 Barrels of Oil Per Day (BOPD); 105 Thousand Cubic Feet of Gas Per Day (MCFPD) and 610 Barrels of Water Per Day (BWPD). The Headington 43X-25B, also a Bakken Formation well, has an SHL at NE SE 25-26N-52E (2080 FSL/262 FEL) and a Bottom Hole Location (BHL) of 18,849 feet at NW SW 26-26N-52E (2083 FSL/248 FWL). The well reported an IP of 502 BOPD; 645 MCFPD and 755 BWPD.

In Roosevelt County, Samson Oil and Gas USA Montana, Inc. reported the completion of the Australia II 12 KA 6. The Bakken Formation well has an SHL at NW NW 29-28N-55E (193 FNL/804 FWL) and a BHL of 14,972 feet at SE SE 29-28N-55E (729 FSL/720 FEL). The Australia had an IP of 60 BOPD and 101 BWPD.

Oasis Petroleum North America LLC announced the completion of two wells in Roosevelt County. The Sam 2858 12-17H, with an SHL at NE NW 17-28N-58E (240 FNL/2200 FWL) and three laterals with BHLs of 15,077 feet at NE NW 20-28N-58E (312 FNL/2176 FWL); 16,079 feet at NE NW 20-28N-58E (1311 FNL/2202 FWL) and 16,767 feet at SE NW 20-28N-58E (1977 FNL/2218 FWL). All three laterals penetrate the Bakken Formation. The well turned in an IP of 851 BOPD; 579 MCFPD and 2,041 BWPD.

Oasis Petroleum North America LLC wrapped up the Paul Byron 2758 41-13H in Roosevelt County. The well has an SHL at SW SW 13-27N-58E (180 FSL/1000 FWL) and a BHL of 20,430 feet at NE NW 12-27N-59E (274 FNL/1916 FWL). The Bakken Formation well had an IP of 1,597 BOPD; 1,325 MCFPD and 7,022 BWPD.

Whiting Oil and Gas Corporation reported the completion of the Elvsaas 21-4TFH in Roosevelt County, with an SHL at NE NW 4-30N-57E (325 FNL/1980 FWL) and a BHL of 19,438 feet at SE SW 9-30N-57E (349 FSL/2044 FWL). The well, which targets the Three Forks Formation, had an IP of 91 BOPD; 54 MCFPD and 465 BWPD.

Samson Resources Company wrapped up two wells in Sheridan County. The Zuma 15-22-35-58H, with an SHL at NW NE 15-35N-58E (435 FNL/2443 FEL) and a BHL of 17,935 feet at SW SE 22-35M-59E (245 FSL/2411 FEL) turned in an IP of 67 BOPD; 21 MCFPD and 474 BWPD. The Riva Ridge 6-7-33-56H, with an SHL at NW NE 6-33N-56E (280 FNL/2356 FEL) and a BHL of 18,233 feet at SW SE 7-33N-56E (239 FSL/2316 FEL) had a reported IP of 149 BOPD; 122 MCFPD and 240 BWPD. Both wells target the Bakken Formation.

TAQA North USA, Inc. wrapped up the Hjelm 13-1H in Sheridan County. The well has an SHL at NE NE 13-37N-57E (480 FNL/290 FEL) and a BHL of 11,840 feet at NW NW 13-37N-57E (728 FNL/698 FWL). The Bakken well reported an IP of 28 BOPD and 527 BWPD.

In Toole County, Keesun Corporation completed the Leuck 6-13. The well has an SHL at SE NW 13-34N-3W (2420 FNL/1650 FWL) and reported an IP of 1 BOPD and 125 BWPD. The well is located in the Kevin-Sunburst Field.

Abandoned Wells

In Toole County, Mountain Pacific General Inc. was issued a Permit to Abandon the Tiber 30-2-18-1, with an SHL at C NE 18-30N-2E (1320 FNL/1320 FEL).

Converted to Injection

Three wells received permits to convert to injection.

In Powder River County, a permit went to the Unit 403, operated by Denbury Onshore, LLC. Situated in the Bell Creek Field, the well has an SHL at C NE NW 4-9S-54E (660 FNL/1980 FWL).

In Richland County, an Injection Permit was issued to Shadwell Resources Group, LLC for the Velma SWD 1-10H, located at NW NW 10-23N-58E (350 FNL/750 FWL).

In Sheridan County’s Flat Lake Field, a permit was issued for the Negaard 3 SWD, operated by TAQA North USA, Inc. The well has an SHL at NW NE 22-37N-57E (130 FNL/1833 FEL).

Darryl L. Flowers is the Publisher of the Sun Times in Fairfield, Montana, www.fairfieldsuntimes.com, and can be reached at publisher@fairfieldsuntimes.com

Chevron hits natural gas again offshore Western Australia

 

December 15, 2011

Source: Chevron Corp.

Chevron Corp. (NYSE: CVX)  announced a natural gas discovery by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, offshore Western Australia.

The Vos-1 well encountered approximately 453 feet (138 meters) of net gas pay. Located in the WA-439-P permit area approximately 186 miles (300 kilometers) from Exmouth on the Western Australian coast, the well was drilled in 4869 feet (1484 meters) of water to a depth of 12,461 feet (3798 meters).

George Kirkland, vice chairman, Chevron Corporation, said, “The find at Vos-1 represents our twelfth offshore discovery in Australia since mid-2009. Our successful drilling program offshore Western Australia demonstrates Chevron’s global exploration capability.”

Melody Meyer, president, Chevron Asia Pacific Exploration and Production Company, said, “Our on-going exploration success continues to add to our Australian resource base, further underpinning our drive to be a leading supplier of liquefied natural gas to world markets and natural gas to Western Australia.”

Chevron’s Australian subsidiary is the operator of WA-439-P and holds a 50 percent interest, with Shell Development (Australia) Pty Ltd holding the remaining 50 percent.

 

December 15, 2011

Source: Chevron Corp.

Chevron Corp. (NYSE: CVX)  announced a natural gas discovery by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, offshore Western Australia.

The Vos-1 well encountered approximately 453 feet (138 meters) of net gas pay. Located in the WA-439-P permit area approximately 186 miles (300 kilometers) from Exmouth on the Western Australian coast, the well was drilled in 4869 feet (1484 meters) of water to a depth of 12,461 feet (3798 meters).

George Kirkland, vice chairman, Chevron Corporation, said, “The find at Vos-1 represents our twelfth offshore discovery in Australia since mid-2009. Our successful drilling program offshore Western Australia demonstrates Chevron’s global exploration capability.”

Melody Meyer, president, Chevron Asia Pacific Exploration and Production Company, said, “Our on-going exploration success continues to add to our Australian resource base, further underpinning our drive to be a leading supplier of liquefied natural gas to world markets and natural gas to Western Australia.”

Chevron’s Australian subsidiary is the operator of WA-439-P and holds a 50 percent interest, with Shell Development (Australia) Pty Ltd holding the remaining 50 percent.

Falklands Oil Find: 200′ of “Net Pay” in 55 mile reservoir!

Rockhopper Exploration PLC reported a “fantastic result” as its third discovery in the North Falkland basin encountered oil and-or wet gas in four hydrocarbon-bearing target zones.

The 14/15-4 exploratory well on the Rockhopper-operated PL004b license penetrated reservoir targets in the Beverley, Casper South, Casper, and Sea Lion main complex for a total of 57 m (about 200 feet) of net pay in 89 km (55 miles) of gross reservoir.

Rockhopper earned a 60% interest by drilling the well, and Desire Petroleum PLC has a 40% carried interest. The wellsite is 12.1 km southwest of the 14/10-2 Sea Lion discovery well and 6.3 km south of the 14/10-9 Casper discovery well.

The well penetrated the Beverley sand at 2,359 m measured depth rotary kelly bushing, near the structure’s crest, and found 25.8 m of net gas pay with 22% average porosity and 44 md average permeability. Analysis of mud logs indicate likely wet gas.

From the observed formation pressure gradients, Rockhopper believes that the gas-oil contact observed in Casper at the 14/10-9 well and Casper South at the 14/15-4 well is likely to exist in Beverley and as a result Beverley may be oil-bearing downdip.

The well penetrated the Casper South sand at 2,420 m and found 25% average porosity in the gas leg and 27% in the oil leg. Permeability averaged 212 md in the gas leg and 1,011 md in the oil leg. Net gas pay is 8.5 m, and net oil pay is 11.6 m. Mud log analysis indicates likely wet gas.

Casper South, Desire’s Shona prospect, is a separate fan lobe south of and apparently in communication with the Casper fan, which the company currently maps as greater than 100 sq km in areal extent with large downdip oil potential.

The well penetrated the Casper sand at the feather edge of the mapped fan lobe. The Casper reservoir is at 2,450 m and entirely below the gas-oil contract at the 14/10-9 well. The Casper sands are all oil-bearing at 14/15-4. The company believes the 14/15-4 well defines the southernmost limit of Casper with a thin reservoir section of low net-to-gross sand.

“The presence of Casper at this location enables us to confirm mapping of this fan lobe to the maximum extent of its seismic expression and increase the volumes currently carried for this prospect,” Rockhopper said. Analysis of mud logs at the 14/10-9 well indicates wet gas.

The 14/15-4 well penetrated the Sea Lion main complex at 2,474 m, and the company believes the well is close to Sea Lion’s southernmost limit at the outer edge of its former maximum case area. Formation pressure testing established that the oil lies on the same pressure gradient as the rest of the field, and Rockhopper recovered oil samples for PVT analysis.

The company will complete a short-offset sidetrack of 10 km to core the Beverley, Casper South, and Sea Lion main complex.

Rockhopper received final processed 3D seismic on PL032, PL033, and PL004b, its northern operated acreage, and once interpreted will provide updated guidance on potential volumes in the four reservoir intervals.