The company’s managing director, Stuart Nicholls, spoke with Hart Energy about its record-breaking Jaws-1 well and why it sets new horizons in Australia.


The Australian Petroleum Production & Exploration Association (APPEA) said the report should encourage the immediate suspension of the hydraulic fracturing moratorium in the Northern Territory.

Strike Energy, Jaws-1, Australia oil and gas, Halliburton, oil exploration drilling

Strike Energy is in the hunt for a gas prize estimated at up to 11 trillion cubic feet.

Sydney independent oil and gas producer AWE Energy has announced one of the highest onshore flow rates in the history of the Australian oil and gas industry.

APPEA Extols East Australia Virtues But Lashes The West

Association’s chief urges states to back off fracking inquiries to facilitate greater supply in the east.

Land & Leasing

The Quadrant takeover gives Santos a business that is the leading supplier of gas into the Western Australian market with strong and stable cash flows.

U.S. private equity firm Lone Star is betting on two large unconventional gas projects in China that Austrailia's Sino Gas & Energy is developing.

Harbour Energy was forced to bid against itself five times until it made a final offer for Santos of $10.8 billion, up more than 50% from its first approach last August.

Australia’s Santos on May 22 ended talks with Harbour Energy and rejected the U.S.-based firm’s $10.8 billion takeover offer, saying it undervalued the oil and gas producer as oil prices surge.

A successful bid would give Harbour access to a recently revived company with a low cost of gas production and stakes in LNG in the Asia-Pacific, where demand is soaring.

Reservoir Evaluation

Describing the find as “truly incredible,” junior joint venture partner Carnarvon said on Aug. 8 more oil had been found in the Dorado-1 well with the thickness of the oil column now measured at 132 m (433 ft). That was up from the 80 m (262 ft) indicated in a drilling update in July.

AWE said on Dec. 19 Waitsia holds 820 petajoules (PJ) of proved and probable reserves, up from the previous estimate of 811 PJ as some contingent reserves have been reclassified. The estimate has been raised 80% since June after the company drilled new wells.

Norwest Energy NL, the permit operator of TP/15, confirmed hydrocarbons at Xanadu-1 stemming from a successful drilling program.

AWE Ltd. has confirmed the extension of the Waitsia Field in Australia with the Waitsia-3 well encountering natural gas shows in the Kingia and High Cliff sandstone reservoirs, the company said in a July 4 news release.

The company plans to perform a three- to six-month extended production test starting in third-quarter 2017, following the completion in April of a light oil resource volume assessment, to help determine the commerciality of the discovery.

Wildcats & Stepouts

The company said its Marauder-1 well, located in PEL 104, encountered good oil shows within Birkhead sands with evaluation of logs indicating net pay of up to 8.6 m within a 17.5 m gross oil column.

Transerv executive director Stephen Keenihan described the results as outstanding because they extended the known parameters of the gas at Warro, both at depth and laterally.

Wireline logs indicate a gross oil-bearing interval of about 23 meters at the top of the Ungani Dolomite section in the well, Buru Energy said.

Stanleys-1, on the Western Flank, reached total depth on March 5 and had strong oil shows.

The PEL 513 joint venture made its second wet gas discovery in Cooper Basin, Australia.