This from the beach quarterly
On the drilling front, recent appraisal results at the Bauer oil field in the Cooper Basin confirmed an extension to the field.Mr Kay said these positive results warranted more infill development drilling and a further round of appraisal.“Four horizontal development wells were drilled in Bauer during the quarter, with the results from the campaign exceeding our expectations from a cost, time, reservoir quality and lateral length perspective.“For example, Bauer-29 is now on pump and is producing at up to 1,300 bopd. This horizontal well achieved a spud to online time of 21 days, with the average for all four horizontal wells 23.5 days, an excellent result.“The strong results in the Bauer Field underpinned a 17% increase in oil production from our 100% owned ex PEL 91 Western Flank oil acreage and a 6% quarter-over-quarter increase in Beach’s total oil production.
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- Ann: Quarterly Activities and Cash Flow Report - December 2018
Ann: Quarterly Activities and Cash Flow Report - December 2018, page-111
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