Karoon, Conoco to Test Browse Basin Well
Karoon Gas and ConocoPhillips have finalised preparations to undertake production testing on the Boreas-1 exploration well in the Browse Basin. Production testing will begin once wireline logging and the data gathering program is completed and the production liner installed.
Petrophysical interpretation of the data retrieved to date indicates the presence of net pay gas sands with good reservoir properties, Karoon Gas said in a statement.
The exploration program, operated by ConocoPhillips, plans to utilise the Transocean Legend semi-submersible rig for the entire campaign and is expected to continue through 2013. A minimum of five wells will be drilled during the exploration program. The principal objective of the exploration program is to better define the size and quality of the hydrocarbon accumulations within the exploration permits which contain the greater Poseidon trend.