The Orchid-1 well, drilled by PTT Exploration and Production Public Co. Ltd. (PTTEP) subsidiary PTTEP Australasia (Ashmore Cartier) Pty Ltd., has discovered gas and condensate in the Timor Sea off Australia, according to a news release.
The well, which is the first exploration well in Permit AC/P54, was drilled to a total depth of 2,925 m. The well hit gas and condensate with the net pay thickness about 34 m, the release said.
Plans are for it to be incorporated into development planning of Cash-Maple Field, also located in Permit AC/P54, which contains 3.5 trillion cubic feet of resources.
Exxon Mobil Corp. has evacuated dozens of its foreign staff from the West Qurna 1 oil field, but work is still going on, according to multiple reports.
Drilled by the Maersk Voyager drillship on the Akoma exploration prospect, the well proved up to an estimated 650 billion cubic feet of gas and up to 20 million barrels of condensate, the company said in a news release.
The Ndungu-1 NFW well proved a 65-m oil column with 45 m of net pay in Oligocene sandstones with excellent petrophysical properties, Eni said in a news release.