MARKETS

Senex to roam in the REM

SENEX Energy has officially spudded the Skipton-1 unconventional well in PEL516 in the Cooper Basin.

James McGrath

The well will be drilled using the 1500-horsepower Weatherford Rig 826 down to a total depth of 3000m.

Senex is hoping to tap the Roseneath-Epsilon-Murteree package of tight sands and shale, while also hitting the tight sands and deep coal seams in the Patchawarra formation.

The well is due to be drilled and cased in roughly 60 days.

Following Skipton-1, the rig will move on to drill the Kingston Rule-1 well in PEL 115, which is also hoping to hit the same targets.

In other Senex drilling news, it has cased and suspended the Snatcher-6 oil well, PEL 111, on the western flank of the Cooper Basin after it hit a 10m gross oil column.

The well was drilled as a deviated well, and the target mid-Birkhead formation was hit 166m from the north east of the well location.

While gross oil pay was 10m, the interpreted net pay was recorded at 5.2m.

The Ensign Rig 48 will now move onto Tomcat-1, also on PEL 111.

This article first appeared in ILN's sister publication EnergyNewsBulletin.net.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production