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Project : PEL 103 - YARROW/FLAX

Mining
Onshore - oil & gas
  Estimated Project Value
$ 15,000,000
Address Approx 80 km north north east of
Suburb Innamincka
State SA
Council Unincorporated
Postcode 5731
Project Type Resource - Gas
Development Type New
Status Firm
Stage Contract Let
Ownership Private
Notes
Production In Progress
Commence Date 1/1/2008
Completion Date 4/9/2010
Details
  • The well has confirmed the presence of oil through the structural saddle between the Flax and Juniper oilfields, at the same time lowering the lowest known oil level by some 24 metres.
  • Fraccing of the higher basal Patchawarra sandstone had provided initial flowback of 200 barrels of fluid per day (150bbl oil and 50bbl frac fluid), with the well continuing to clean up.
  • Participants in the project are Innamincka (operator) 75% and Seoul City Gas subsidiary (SCGAU) 25%.
  • Temporary flowlines connecting all four wells have been installed and consistent production will begin.
 
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