Tap Oil reports Simpson-10 well discovery

Tap Oil Limited, an oil and gas exploration and production company with interests in Australia, New Zealand, Brunei and Philippines, reports discovery at the Simpson 10 development well.

The company said that Simpson-10 has successfully intersected the reservoir objective. Logging over the Flag sandstone indicates an approximate 15 metre gross intersection of oil bearing reservoir.

Current operations involve installing the 178mm liner and completion of the well. The Ensco 106 rig will then be moved back to Simpson 9 to run the completion after which both wells will be tied in for production.

The Simpson-10 objective is located in permit TL/6, part of the Harriet Joint Venture, at a surface location of latitude 20°40′24.14″S and longitude 115°35′05.61 “E within the Barrow sub-basin.

The Simpson-10 prospect is approximately 2.5 km south of Varanus Island and is being drilled from the Simpson Bravo Platform using the Ensco 106 jack-up rig.