Victoria Petroleum N.L. (Vicpet) as operator for the PEL 104/PRL 15 Joint Venture, in South Australia’s Cooper Basin, advises that following completion as an oil production well, the Growler-3 well on cased hole production test has flowed oil to the tanks at a rate of 2,040 barrels per day.

The Growler-3 well has been successfully completed over a 19 metre thick Birkhead sand oil zone and tied into the main Growler Oil Field production facility 800 metres to the east. Growler-3 was drilled as an appraisal well on the Growler Oil field to test the 16 metre oil column discovered in the Jurassic Birkhead Formation in Growler-1. Growler-3 is 600 metres northwest of Growler-1 and was interpreted to be a flank test of the Growler Oil Field as currently mapped. Growler-3 was drilled on an 80 acre spacing to the west of Growler-1. Growler-3 is the second successful Growler well in the current drilling program after the successful Growler-4 development well.

At the P50 level, the Growler structure is mapped at the P50 level as a four way dip closed feature covering approximately 900 acres located on the western margin of the Cooper Basin. The P50 oil-in-place for the Growler structure alone is estimated to be 5.7 million barrels and most likely recoverable oil is estimated to be 1.4 million barrels.

Vicpet’s Managing Director, John Kopcheff, commenting on the production testing results for Growler-3 and the previous development well Growler-4 said, “Vicpet is pleased to have completed the Growler-3 well as a strong oil producer with Growler-4 yet to come. While we won’t be producing Growler-3 at such high rates, such good results for the two Growler development wells, Growler-3 and Growler-4 are very encouraging for future development of the Growler Oil Field.”

“With the close proximity of the wells to the existing Growler production facilities, we anticipate bringing Growler-4 on stream as well in October 2008, following the necessary regulatory approvals. Vicpet believes that the target of 1,000 barrels of oil per day gross production from the Growler oil Field is now quite achievable by end 2008 from what we have seen.”

“The drilling rig that drilled and completed Growler-3 and Growler-4 is now drilling at the Warhawk-1 exploration site in the adjacent permit PEL 111, 8.5 kilometres to the north of the Growler Oil Field production facilities. The target for Warhawk-1 is the same Birkhead sandstone oil productive in the Growler Oil Field wells.

Tags: Victoria Petroleum N.L.