PEL 107 is located in the South Australian Cooper Basin and covers the southern tip of the Patchawarra Trough, the Lake Hope high and the south-western edge of the Gidgealpa-Merrimelia-Innamincka (GMI) trend.
PEL 107 was originally granted in 2003 and is now in the second term, which expires in the year 2013. The renewed area of PEL 107 is 407km2. PEL 107 is adjacent to Tantanna, Taloola, Sturt, Malgoona, Spencer and Muteroo oilfields.
In 2003 Beach Energy farmed into and acquired a 40% interest in PEL 107 and following completion of the farmin work obligations PEL 107 is now held on a 60/40 basis. Beach is the technical operator of PEL 107.
|Well||Spud Date||Rig Released||Result||Status||Total Depth (m)|
|Southend-1||17/04/2012||07/02/2012||Gas discovery||Cased and suspended||2,889|
|Appadare 1||12/01/2007||31/01/2007||Minor Shows||Plugged and Abandoned||1,922|
|Cabbots 1||05/12/2006||19/12/2006||Minor Shows||Plugged and Abandoned||2,421|
|Talia 1||20/11/2006||01/12/2006||Oil Shows||Plugged and Abandoned||1,854|
|Keeley 1||22/10/2006||18/11/2006||Oil Shows||Plugged and Abandoned||3,059|
|Kiana 2||01/10/2006||18/10/2006||Oil Shows||Plugged and Abandoned||1,992|
|Tyringa 1||23/09/2005||04/10/2005||Oil Shows||Plugged and Abandoned||1,972|
|Kiana 1||21/08/2005||18/09/2005||Oil Producer||Completed as Producer||2,017|
|Goolwa 1||09/04/2004||02/05/2004||Oil and Gas Shows||Plugged and Abandoned||2,684|
In April 2012 a gas discovery was made with Southend-1. The well encountered gas shows over two intervals with signs of possible hydrocarbon liquids content. The well was cased and suspended for future cased-hole extended production testing in the Patchawarra Formation.
The Kiana oilfield is nearing the end of its economic life, the well will continue to be monitored and oil entering the wellbore will be evacuated on a regular basis.
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