Origin's Speculant-1 exploration well reaches total depth (Scandinavian Oil-Gas Magazine)

Origin's Speculant-1 exploration well reaches total depth

Published Jan 22, 2015

Origin Energy Limited (Origin) says that the Speculant-1 exploration well, which spudded at 04.00 hours EST on 23 September 2014, had reached total depth of 4,917m MDRT.

As announced on 9 December 2014, the Speculant-1 exploration well had encountered potentially commercial quantities of gas in primary target Waarre Formation reservoirs in the Otway Basin, offshore Victoria.

Preparations are being made to suspend the Speculant-1 exploration well while development options for the resource are assessed

Tags: Origin Energy

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