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Excitement builds Down Under as two big offshore wells are imminent – Upstream Online

Sasanof-1 is a large gas prospect and Kanga-1 is a big oil well
Excitement is building in Western Australia as two offshore drilling rigs are in the final stages of preparation for two significant exploration wells, one a big oil target the other a substantial gas prospect.
In the first instance, the Diamond Offshore-owned semi-submersible Ocean Apex has arrived at the site of SapuraOMV’s Kanga-1 oil exploration well.
Kanga-1 is targeting 170 million barrels of oil on a gross best case scenario, according to joint-venture partner Finder Energy.
The well has a 36% probability of success, and results are expected to be announced in late May or early June.
“Kanga is a large oil target near to existing fields in an area that we know well and where we have made discoveries in the past. Kanga offers our shareholders significant leverage to success with limited financial exposure for Finder,” Finder’s chief executive Damon Neaves said.
In the second instance, the semisub Valaris MS-1 rig is due to start being towed to the Sasanof-1 location on 16 May, with drilling operations expected to begin on 24 May, operator Western Gas said.
The Solstad Far Senator and Maersk Mover anchor-handling supply vessels and the Go Spica platform support vessels will begin logistical and drilling support operations on 9 May.
Sasanof has a best estimate prospective resource of 7.2 trillion cubic feet of gas and 176 million barrels of condensate, with a 32% geological chance of success.
“We are thrilled to have commenced the mobilisation process for the drilling of Sasanof-1 after multiple years of technical studies, regulatory approvals, contracting and planning,” Western Gas executive director Will Barker said.
“The rig is due to leave port on 16 May, enabling this short duration and high-impact well to deliver results by early June. We look forward to working with our partners and contractors to complete a safe and rewarding drilling programme.”
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