Real Energy Spuds Queensland CBM Well
Sydney-listed Real Energy has spudded its Venus 1 coalbed methane well at its Project Venus in Queensland, it said on November 27 in a statement.
After Venus 1's 680-m target depth is reached, a wellhead will be installed and the Silver City rig will be demobilised. A Wellpro coil tubing unit will then be mobilised to carry out a short-term initial water influx test, Real said. The well will be used for pilot production, with tests continuing into early 2021.
Project Venus is equally owned by Strata-X Energy and Real, and spans 154 km2 of the Walloon CBM fairway in Queensland’s Surat basin. In July, Strata-X and Real agreed to merge into a new company Pure Energy. Post-merger, Pure Energy will have 100% of Project Venus.