RE: Frank Calabria talks about Origin’s 2019 Full Year Results22 Aug 2019 01:59
Operations Beetaloo (Northern Territory) Origin has a 70% interest in exploration permits over 18,500 km2 in the Beetaloo Basin. In February 2017, a 2C contingent resource of 6.6TCF10 (100%) relating to the Velkerri B shale dry gas play was booked following a production test of the Amungee NW-1H well. Interpretation of data obtained from the Amungee well, and other wells drilled in the Beetaloo Basin indicates a promising exploration opportunity with four stacked, unconventional hydrocarbon plays. Stage 2 appraisal is underway, targeting the Kyalla and Velkerri shale liquids rich gas plays. Two horizontal appraisal wells are planned to be drilled, fracture stimulated and put on extended production testing during FY2020. A number of preparatory activities were completed during the year including sacred site clearances, other access negotiations, water bore drilling to obtain baseline data, well pad and access road preparation, environmental approvals, and securing all services required for the campaign including the Ensign 963 rig. Current well status: • Kyalla - drilling and stimulation, water bore and civils Environment Management Plans have been approved and water extraction licence is in place. Water bores have been drilled and access road and well pad construction are nearing completion. • Velkerri – water bore and access roads Environmental Management Plans have been approved and water extraction licence is in place. Awaiting well pad civils and drilling and stimulation approvals. Survey work is being completed and water bores are being drilled. The objective of the Stage 2 campaign is to test the ability to flow liquids-rich gas from the two independent liquidsrich gas plays.
Those co-ordinates show the rig on Barrow Island. Like you said, not sure when they were last updated. Rig 963 was last used by Chevron. I think it's been parked for the last 4 years. The Ensign Energy Club presentation says it was on Barrow Island.
Not sure if they will use Dampier or the port in Darwin when they do move it. Or, it could already be on the mainland. Who knows!