STX strike energy limited

Ann: Highly significant gas discoveries at Erregulla Deep-1, page-440

  1. 12 Posts.
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    Hi @BoronP - nothing major to comment on at this stage, overall an excellent result for an exploration well.

    I think the chances of a common gas-water contact between West Erregulla and Erregulla Deep are exceptionally slim, so I would treat the two fields as entirely independent in terms of volumes and contacts. Reservoir quality is exceptional for this depth, but that needs to be proven by the upcoming flow test.
    Very interesting that the formation pressure in the Irwin River Coal Measures RFT point is much higher than the pressure in the Kingia, not willing to make a comment on why at present, but will be keeping a curious eye on it.

    As most of this new field is only covered by 2D seismic, we may not see much appraisal drilling here until a 3D seismic survey has been acquired.
 
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