Shell Australia Pty Ltd (Shell), on behalf of its joint venture participants (Finder Exploration Pty Ltd & Sasol Petroleum Australia Ltd) proposes to drill a single exploration well, Cronus-1, in the Exploration Permit AC/P 52. The proposed exploration well is planned to be drilled using a dynamically positioned drillship supported by offshore support vessels working from Shell’s main supply base in Broome, WA.
The Cronus-1 exploration well in AC/P 52 is located offshore, in Western Australia’s Browse Basin. The permit area is 2,182km2 in water depths varying from 400m to 1,200m. The AC/P 52 permit area is situated in Commonwealth marine waters, approximately 550km north of Broome (Figure 1-1).
The AC/P 52 drilling activity scope-of-work comprises conventional exploration activities, which includes drilling, casing, cementing, integrity checks, open hole logging, sampling, vertical seismic profiling (VSP), and permanent plug and abandonment. The Cronus-1 exploration well is planned in approximately 780m of water depth to a planned total vertical depth of approximately 4,750m subsea.
Drilling of the Cronus-1 exploration well is scheduled to commence in Q1 2015 at the earliest, and is planned to take approximately three months to complete.
Note: This information has been extracted from the EP Summary. Please refer to the attached EP Summary for more information.