Santos discovered wet gas at its Varanus South-1 well on PEL 513 of Australia’s Cooper basin. The well was drilled to a total depth of 3154 m, and after preliminary interpretation of wireline logs was found to contain an aggregate best estimate of 18 m of net gas pay over a gross interval of 365 m in the Patchawarra formation. An additional net 9 m of hydrocarbon pay was detected in the Tirrawarra formation over a gross interval of 37 m. Santos (60%) is the operator with partner Drillsearch (40%).
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