10 Feb 2006drilling progress report● Neutral
Great Artesian's final Udacha-1 report: casing is being run, then the well suspended and the rig released. It repeats about 3 m net gas pay, with 3-10 m more likely in deeper sands.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
10 Feb 2006drilling progress report● Neutral
Beach's last Udacha-1 report: 7-inch casing is being run at 2728 m. Middleton-1, about 6 km southeast in PEL 106, is expected to spud around 16 February; Beach holds 50% and Great Artesian 50%.
9 Feb 2006drilling progress report● Neutral
Great Artesian reports Udacha-1 will be cased and suspended for cased-hole testing with a workover rig later. The rig moves to Middleton-1 next.
9 Feb 2006drilling progress report● Neutral
Magellan's weekly report repeats Beach's Udacha-1 evaluation: about 3 m net gas pay in the DST-1A sand and 3-10 m likely more deeper. The well is being cased and suspended, with cased-hole testing in 2-3 months.
9 Feb 2006drilling result▲ GoodMajor
Beach says Udacha-1 shows gas saturation in several sands; the DST-1A sand has about 3 m of net gas pay, with 3-10 m more likely in deeper sands. The well will be cased and suspended, with cased-hole testing expected in 2-3 months, equipment permitting.
9 Feb 2006drilling progress report● Neutral
Enterprise Energy reports Udacha-1 is preparing to run casing and will be suspended for future production testing. It will issue no more daily reports on the well.
8 Feb 2006drilling progress report● Neutral
Great Artesian repeats the Udacha-1 DST-1A gas flow of 0.44 million cubic feet a day, with a wiper trip before running 7-inch casing. Further cased-hole testing is being considered.
7 Feb 2006drilling progress report● Neutral
Beach reports Udacha-1 at 2728 m conducting a re-run test, DST 1A, over 2482.5-2488 m in the Patchawarra Formation. Results to follow.
7 Feb 2006drilling progress report● Neutral
Great Artesian reports Udacha-1 at 2728 m, running in the hole for DST-1A over 2482.5-2488 m after the first test failed from tool malfunction. Routine progress.
7 Feb 2006drilling progress report● Neutral
Enterprise Energy reports the failed Udacha-1 test is being re-run as DST-1A over 2482.5-2488 m, a sand that gave elevated gas readings while drilling. Routine progress.
6 Feb 2006drilling progress report● Neutral
Great Artesian reports Udacha-1 at 2728 m total depth. Logs show several potential hydrocarbon zones, but the test over 2482.5-2488 m was aborted by tool malfunction; a re-run is possible.
6 Feb 2006drilling progress report● Neutral
Enterprise Energy reports Udacha-1 reached 2728 m on 4 Feb; wireline logs indicated hydrocarbon-bearing zones in the Permian. The DST over 2482.5-2488 m was aborted by tool malfunction; a re-run is being considered.
3 Feb 2006drilling progress report● Neutral
Great Artesian's report: Udacha-1 at 2644 m drilling ahead in the Tirrawarra Sandstone. Both DST attempts over 2605-2628 m failed because of fill in the hole; the zone will be judged from wireline logs after drilling to total depth.
3 Feb 2006drilling progress report● Neutral
Beach reports Udacha-1 at 2644 m, drilling ahead in the Tirrawarra Sandstone. DST-1 over 2605-2628 m was aborted for poor hole conditions, so that zone will be evaluated after logging.
2 Feb 2006drilling progress report▼ Bad
Magellan's weekly report: Udacha-1 at 2628 m; DST was aborted after two attempts due to poor hole conditions. The plan is to drill to the programmed 2775 m and run wireline logs.
2 Feb 2006drilling progress report● Neutral
Enterprise Energy reports Udacha-1 at 2628 m, running in to retry DST-1 on two sands with elevated gas readings, after a wiper trip fixed hole conditions. Routine progress.
2 Feb 2006drilling progress report● Neutral
Great Artesian reports Udacha-1 at 2628 m, running back in to retry DST-1 after the first attempt was aborted for tight hole and a wiper trip. Routine progress.
2 Feb 2006drilling progress report● Neutral
Beach reports Udacha-1 at 2628 m, running in the hole for a second try at DST-1 over 2605-2628 m. Routine progress.
1 Feb 2006drilling progress report▼ Bad
Beach reports Udacha-1 at 2628 m on a wiper trip after DST-1 was aborted due to poor hole conditions. Routine progress.
31 Jan 2006drilling progress report● Neutral
Great Artesian reports Udacha-1 at 2628 m, pulling out of the hole after a wiper trip before DST-1. Routine progress.
31 Jan 2006drilling progress report● Neutral
Enterprise Energy reports Udacha-1 at 2628 m, pulling out to run DST-1 later that day over sands with elevated gas readings. Routine progress.
31 Jan 2006drilling progress report● Neutral
Beach reports Udacha-1 at 2628 m, pulling out to run DST-1 over 2605-2628 m. Results will be released when available. Routine progress.
30 Jan 2006drilling progress report● Neutral
Enterprise Energy reports Udacha-1 at 2628 m, conditioning the hole before a drill stem test over 2605-2628 m, expected 31 January. Routine progress.
30 Jan 2006drilling progress report● Neutral
Manta-2A, the replacement for the failed Manta-2 well, started 23 January and is at 1665 m with surface casing set at 985 m. Drilling continues toward about 2700 m (Beach 50%).
30 Jan 2006drilling progress report▲ Good
Great Artesian reports Udacha-1 at 2628 m, with two Patchawarra sandstones showing elevated gas readings and fluorescence, prompting DST-1 over 2605-2628 m. Early signs only, not a result.
30 Jan 2006drilling progress report● Neutral
Beach reports Udacha-1 at 2628 m, conditioning the hole before DST-1 over 2605-2628 m in the Patchawarra, expected the next morning. Routine progress.
27 Jan 2006drilling progress report● Neutral
Beach reports Udacha-1 at 2370 m, drilling ahead in the Patchawarra Formation. Routine progress.
27 Jan 2006drilling progress report● Neutral
Great Artesian reports Udacha-1 at 2370 m, now in the Patchawarra Formation after a bit change. Routine progress.
27 Jan 2006drilling progress report● Neutral
Magellan's weekly report: Udacha-1 at 2370 m in the Patchawarra, with 942 m drilled in the week. Routine progress.
27 Jan 2006drilling progress report● Neutral
Rawson's weekly report: Udacha-1 at 2370 m in the Patchawarra Formation. Rawson pays 20% of costs to earn 10% of any production licence. Routine progress.