EP 161 Tanumbirini 3H (“T3H”) vertical well and build section was completed at approximately 3,760 metres after encountering the target Mid-Velkerri ‘B’ shale.Drilling time in the T3H vertical and build section was reduced by 20% due to learnings from Tanumbirini 2H (“T2H”). Drilling of the approximately 1,000 metre horizontal section in the Mid-Velkerri ‘B’ shale target will commence shortly with the well is anticipated to reach total depth (TD) by the end of October. T2H and T3H wells are planned to be fracture stimulated and flow tested prior to the end of calendar year 2021.
Santos is the well operator. TBN can only report what Santos permits. Don't think a few days matters to Santos.
TBN Price at posting:
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