Origin Energy makes small discovery

Origin Energy Resources (Kupe) Limited, on behalf of the Kupe Joint Venture, says that the PML 38146 exploration well Momoho 1 has discovered a small gas condensate pool within thin, good quality sandstones of the Palaeocene Farewell Formation

The company claims that the fresh discovery is the third indication of hydrocarbons along this structural trend.

Previously reported good gas indications recorded from the top of the primary reservoir, the Farewell Formation (2,896 metres RT), have now been confirmed by wireline logging and pressure and fluid sampling.

Preliminary Interpretation indicates that the well has intersected a gross gas condensate column over the interval 2,896 to 2,921 metres RT.