Project Profile
Location: Eastern sector of PEL 514
Proven probable reserves: 188,000 barrels of oil
The Sprigg field lies in the eastern sector of PEL 514, immediately to the west of Senex\'s producing Acrasia field. Senex holds an 80% operates stake in PEL 514, with Planet Gas holding the remaining 20% interest. The Sprigg field oil reserves lie entirely within the Tinchoo Formation with previous drilling in the vicinity confirming the presence of moveable hydrocarbons. Senex are currently finalising the planning for the drilling of the Sprigg-1 well which will, in addition to targeting the Tinchoo Formation, will also target the deeper Hutton Formation.
Operators:
Senex: Operator with 80% interest
Planet Gas: 20% interest
Contractor:
Ensign: Drilling contractor using Ensign Rig 48