Australia-based Beach Energy has discovered oil at Butlers-7 well in Cooper basin, South Australia.
The development well had hit 5m of net oil pay in the Namur sandstone in the PEL 92 permit.
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Butlers-7 well was drilled to a total depth of 1,445m and has been cased and suspended for completion as an oil producer.
Cooper Energy, a joint venture partner in PEL 92, said that the well will be linked to the existing Butlers production facilities.
Cooper Energy exploration and production executive director Hector Gordon said that the Butlers-7 well continues the company’s successful drilling programme in PEL 92.
"The reservoir, which had a thicker oil column than expected, was also intersected high to prognosis and will accelerate oil production from the Butlers Field," Gordon added.
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By GlobalDataButlers-7 is the second well in the joint venture’s four-well PEL 92 programme.
The first well in the campaign, Windmill-2, was also cased and suspended for completion as an oil producer.
Beach Energy will now move the rig to drill the Butlers-8 well, which will test the deeper Birkhead formation as well as the Namur sandstone.
The PEL 92 permit is operated by Beach Energy with a 75% stake and Cooper Energy holding the remaining 25% stake.
Image: Butlers-7 is the second well in the joint venture’s four-well programme on PEL 92. Photo: courtesy of Cooper Energy.
