Testing begins on promising permit

testingEASTERN states-focused Icon Energy has started testing in its ATP855 Cooper Basin permit, which was recently found to contain major potential gas reserves.

An independent report discovered the permit could contain up to 28 trillion cubic feet of gross unconventional prospective raw natural gas resources in the Napamerri Trough – 10tcf net to Icon.

A joint venture between operator Beach Energy (46.9 per cent), Icon (35.1 per cent) and Chevron (18 per cent), the four-well stimulation program will test target zones within the Hervey-1, Geoffrey-1, Redland-1 and Etty-1 wells. Icon announced that the stimulation and testing program began with a wellbore cleanout of the Geoffrey-1 well and it is expected that the four-well program will take six weeks to complete.

Hydraulic stimulation has begun at the Hervey-1 well, involving the fracture stimulation and flow testing of five zones.

The company stated that the program was “designed to better understand the gas production potential from the Permian formations (Toolachee to Patchawarra formations) within the Nappamerri Trough in Queensland”.

The Nappamerri Trough is a “potential world class gas asset and the most advanced shale and basin centres gas province in Australia”, according to Icon.

The Moomba to Ballarat gas pipeline runs through the 1674 square kilometre block.