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AWE Provides Waitsia-4 Drilling Update

17 Jul 2017  |  10:04:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Waitsia-4 drilling update

AWE advised that Waitsia-4 appraisal well was at 1,512 m Measured Depth below Rotary Table (MDRT) and drilling ahead in a 311 mm hole to the next planned section depth of 3,065 m MDRT, following the successful installation of 13 3/8 inch (340 mm) surface casing at 1,166 m MDRT. Waitsia-4 was spudded on 10 July 2017 and is forecast to take five weeks in total to complete. The well will be directionally drilled to a planned maximum total depth of 3,834 m MDRT (3,668m Total Vertical Depth Sub Sea-level). The well is designed to appraise the gas potential in the eastern extension of the Waitsia Field, with primary targets being conventional reservoirs in the Kingia and High Cliff Sandstones.

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