DEVELOPMENT OPPORTUNITIES IN THE KINGFISH AND WEST KINGFISH FIELDS, GIPPSLAND BASIN

Abstract

A multi-disciplinary field study of the Kingfish and West Kingfish Fields in the Gippsland Basin covering geological, geophysical, reservoir and facility engineering issues has identified potential undiscovered and undeveloped reserves in and around the fields. The study resulted in the initiation of an 11 well infill drilling program on the West Kingfish Field, and identified the need for two outpost wells which, if successful, could lead to the installation of additional platforms. Water handling and compression upgrades in the near and long term were also evaluated to optimise field production performance.

The Kingfish and West Kingfish field study has formed a blueprint for similar studies in other major oil fields in the Gippsland Basin in which similar appraisal and/or development opportunities may exist.

It is anticipated that outpost and infill drilling programs originating from these studies will play a major role in mitigating production decline and increasing ultimate recovery in the mature oil fields of the Gippsland Basin.