Shell Plugs and Abandons Palta-1 Well (Australia)

Octanex N.L. has been advised by Shell Development (Australia) Pty Ltd that the Palta-1 exploration well, operated by Shell and situated within the WA-384-P permit, has reached total depth and logging results confirm that it did not encounter commercial hydrocarbons.

The well is currently being plugged and abandoned.

Shell has confirmed that well operations have been conducted without any reportable safety or environmental incident.

Octanex holds residual rights in each of the WA-384-P and WA-385-P permits held by Shell.

Those rights are in the form of discovery payments and a 1 % royalty over any production from the permits, as well as rights of re-conveyance of the permits.

The permits are located in the southern Exmouth Sub-basin.

Press Release, August 1, 2013

 

Share this article

Follow Offshore Energy Today

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply