Tuesday, 22 May 2012
Source: Energy News Bulletin
TRANSERV Energy and its Warro joint venture partners may have found a solution to the lack of suitable drilling equipment for onshore oil and gas projects in Western Australia. A new WA-based drilling company, Enerdrill, has been formed to provide a new source of drilling rigs and equipment to the onshore oil and gas industry.
According to Transerv, Enerdrill has two high capacity drilling rigs which appear to be suited to the drilling conditions at the Warro gas field in the Perth Basin.
Enerdrill also has a workover rig which Transerv said could be suitable for reconditioning an existing well for further flow testing operations.
“The arrival of this equipment in WA will be excellent news for Warro and the local onshore oil and gas industry because it will provide immediate capacity and availability of rigs to carry out work in the Perth Basin and other areas which does not currently exist.”
WA’s onshore oil and gas explorers have had to deal with a lack of drilling equipment for some time now.
The state, which has potential for tight gas in the Perth, Canning and Carnarvon basins with the Perth Basin alone believed to host up to 12 trillion cubic feet of tight gas, only has one deep rig available, the Weatherford 826.
Along with rigs, WA is also short of associated equipment including coiled tubing units and fraccing equipment.
Argonaut Limited, a substantial shareholder in Transerv, played a lead role in Enerdrill’s establishment.