30 Apr 2008drilling progress report● Neutral
Weekly report: Bodalla South-19 (Beach 100%) spudded 30 April, and Santos-operated McKinlay-9 (Beach 20.21%) was a success. No major new result.
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28 Apr 2008drilling progress report● Neutral
Anzon reports Basker 6 ST1 has been perforated in four sands with a three-packer completion. Cleanup flow testing awaits better weather, then it will be tied to the Crystal Ocean FPSO in mid July.
23 Apr 2008drilling result▼ Bad
Weekly report: Coolangatta-1 found only minor oil shows and was plugged and abandoned, the second dry well in a row for ATP 633P after Currumbin-1. Santos-operated Cooba-3 was cased as a future gas producer.
22 Apr 2008drilling progress report▼ Bad
Strike Oil reports Coolangatta-1 (ATP 633P, Beach operator) reached total depth of 1,372 m on 21 April and logging is complete. Preparations are under way to plug and abandon it.
18 Apr 2008drilling progress report● Neutral
Anzon reports Basker 6 ST1 is running production casing, to be perforated and cleaned up, then connected to the Crystal Ocean FPSO. Production is still expected to start in mid July 2008.
16 Apr 2008drilling result● Neutral
Weekly report: Currumbin-1 (Beach 85%) plugged and abandoned, water-saturated. Santos-operated McKinlay-7 and Cook-13 succeeded. Basker 6 ST1 is to be completed as an oil producer, first oil in July with about 1,500 bopd expected.
16 Apr 2008drilling result▼ Bad
Strike Oil reports Beach's Currumbin-1 was plugged and abandoned, and Coolangatta-1 (ATP 633P) spudded on 15 April, targeting Namur with 0.65 million barrels mean resource. Rest is Strike's Texas project.
15 Apr 2008drilling result▲ GoodMajor
Basker 6 ST1 found oil in five sands, one new to the field, and will be completed as a producer, reversing the dry first hole. The JV is connecting to the Crystal Ocean FPSO, with oil from mid July 2008. The field currently averages over 10,000 bopd.
11 Apr 2008drilling result▲ Good
Anzon reports Basker 6 ST1 reached 3,395 m with target Intra-Latrobe sands near prognosis and hydrocarbon shows. Logging and pressure surveys are under way.
9 Apr 2008drilling progress report● Neutral
Strike Oil reports Currumbin-1 (Beach operator, 85%) is in the Hutton Sandstone at 1,473 m with no significant hydrocarbon shows so far.
9 Apr 2008drilling progress report● Neutral
Strike Oil update, mostly about its Texas Rayburn gas project. For Beach's ATP 633P, Currumbin-1 is drilling ahead at 1,473 m.
9 Apr 2008drilling progress report● Neutral
Weekly report: Currumbin-1 has no significant shows at 1,473 m. Santos-operated Cook-10 was unsuccessful. Basker-6 ST1 is at 3,199 m with target sands near prognosis and hydrocarbon shows, a better outlook than the original hole.
4 Apr 2008drilling progress report● Neutral
Anzon reports the Basker 6 ST1 sidetrack, 380 m northeast of the original hole, reached 2,665 m. It targets Intra-Latrobe reservoir development and appraisal objectives in the south-east of the field.
3 Apr 2008drilling progress report● Neutral
Partner Strike Oil (15% of ATP 633P) reports Beach spudded Currumbin-1 on 2 April. The well targets a Namur prospect with 0.45 million barrels mean prospective resource and is planned to 1,550 m. Coolangatta-1 follows. Mostly Strike's US gas project news.
2 Apr 2008drilling progress report● Neutral
Weekly report: Parsons-2 is cased for completion as an oil producer. Currumbin-1 (Beach 85%) spud. Basker-6 found no commercial hydrocarbons about 40 m low, and is being sidetracked. McKinlay-8 was unsuccessful; Fly Lake-24 a gas producer.
31 Mar 2008drilling result▲ GoodMajor
Parsons-2 (Beach 75%) found a 6.5 m gross oil column and will be completed as a producer, with first oil from May. This confirms the Parsons discovery of November 2007. Beach cites cooper-region finding costs around A$15/bbl and Cooper oil reserves near 15 mmb.
28 Mar 2008drilling result▼ Bad
Anzon reports Basker-6 found thicker sands than earlier Basker wells, but about 40 m low to prognosis and below the hydrocarbon-water contacts. The JV will sidetrack (Basker 6A) about 500 m northeast, taking 10-15 days; July 2008 first oil remains an option.
27 Mar 2008drilling progress report● Neutral
Anzon reports Basker-6 reached total depth of 3,399 m on 26 March and is being logged. It is expected to be completed as an oil producer, with first oil still targeted for July 2008.
26 Mar 2008drilling progress report▲ Good
Weekly report: Cook-11 (24 m gross oil column) and Squalo-1 (4.5 m oil pay) were cased as future producers. Parsons-2 reached 1,773 m with good oil shows in the Namur. Basker-6 reached 3,399 m. Cooper Oil Project is at 65 of 91 wells (71%).
20 Mar 2008drilling progress report● Neutral
Anzon reports Basker-6 is at 2,850 m, still above the reservoir targets, and drilling according to plan. First oil is still targeted for July 2008.
19 Mar 2008drilling progress report● Neutral
Weekly report: Parsons-2 (Beach 40% per the report text) is due to spud to appraise the south of the Parsons field. Basker-6 is at 2,675 m. Cooper Oil Project stands at 63 of 89 wells (71%).
14 Mar 2008drilling progress report● Neutral
Anzon reports Basker-6 has set 13-3/8 inch casing at 1,025 m without drilling problems. Target depth is about 3,363 m, with first oil targeted for July 2008.
12 Mar 2008drilling result▼ Bad
Weekly report: Murrippi-1 (Beach 40%) is being plugged as a non-commercial oil discovery, after oil recoveries from two tests. Cook-12 is a Hutton oil producer; Mudlalee-5 is abandoned. Basker-6 spudded 6 March. Cooper Oil Project is at 63 of 89 wells (71%).
10 Mar 2008drilling result● Neutral
Murrippi-1 (Beach 40%) recovered 36 barrels of oil on a second Patchawarra test, with nothing flowing to surface. Further sampling is planned to judge commercial significance. Still a modest result, against 0.17 mmbbl pre-drill.
7 Mar 2008drilling progress report● Neutral
Murrippi-1 (Beach 40%) reached total depth of 2,240 m on 6 March and is being wireline logged. Commerciality of the oil zones is still to be determined.
6 Mar 2008drilling progress report● Neutral
Great Artesian update: Murrippi-1 (Beach 40%) is at 2,218 m and expected to reach total depth today. Logs will follow, and further evaluation of the 6 m sand that gave oil in the first test depends on them.
5 Mar 2008drilling spud▲ Good
Anzon (BMG operator) says the Ocean Patriot rig is at the Basker-6 location, with spud expected 6 March and about 40 days to drill and complete. First oil via the FPSO is targeted for July 2008. Beach holds 40% until the Sojitz sale completes.
5 Mar 2008drilling progress report● Neutral
Weekly report: Murrippi-1's first test recovered only 8 barrels of oil and 75 barrels of water, with significance to be judged from logs. Cook-12 has 8.5 m of oil pay in the Hutton. Basker-6 is expected to spud around 6 March.
3 Mar 2008drilling progress report● Neutral
Great Artesian reports Murrippi-1 (Beach 40% operator) hit hydrocarbon shows at the top of the Patchawarra at 2,149 m. A drill stem test is planned. No result yet.
29 Feb 2008drilling progress report● Neutral
Great Artesian update: Murrippi-1 (Beach 40%) is at 1,758 m, drilling in the Birkhead Formation, with the Hutton target expected at about 1,818 m. No result yet.