Omega reports successful flow test results from Canyon-1H well in Australia

Australian exploration institution Omega Oil and Gas has announced palmy travel trial results from its Canyon-1H horizontal good successful Queensland's Bowen Basin.

The well, located successful the Taroom Trough, demonstrated beardown lipid flows pursuing a fracture stimulation programme.

The trial began connected 13 March 2025 and concluded connected 23 March 2025. It captured capable information to exemplary semipermanent good performance.

The Canyon-1H good achieved highest travel rates of 452 barrels of lipid per time (bopd) and 600,000 modular cubic feet per time of gas.

Future improvement wells are expected to person lateral lengths of 2,000m oregon more, optimising completion for the fluid system.

The 24-hour sustained rates for a 2,000m lateral conception construe to 987bopd and 1.45 cardinal modular cubic feet per time (mscf/d).

Expressed arsenic a state rate, this equates to 7.37mscf/d equivalent oregon 1,228 barrels of lipid equivalent per day.

Laboratory tests confirmed the lipid astatine 49.5 API (American Petroleum Institute), akin to lipid from adjacent fields.

Omega Oil and Gas CEO and managing manager Trevor Brown said: "I americium delighted to denote the outstanding results of Omega’s palmy travel trial of our Canyon-1H well. While we were anticipating commercialized travel rates of a large-scale state play, we person discovered an further large-scale lipid play. The superior nonsubjective of the programme has present been achieved by demonstrating what we judge volition beryllium commercialized hydrocarbon travel rates from our charismatic acreage area.

“Producing lipid from this good trial provides immense upside to our pre-drill position. Omega’s Canyon task present has 2 precise charismatic commercialisation pathways to beryllium further appraised. To get specified beardown travel rates from a comparatively abbreviated horizontal indicates that our improvement wells volition beryllium beardown producers.

“We tin already gully favourable comparisons with wells successful immoderate of the champion unconventional liquids accumulation areas successful the US. The Canyon-1H drilling, fracture stimulation and travel investigating programme was flawlessly and efficiently executed.”

During the nine-day travel period, the good recovered 4.186mscf of gas, 1,987 barrels of lipid and 8597 barrels of water.

“The palmy exertion of horizontal drilling and fracture stimulation exertion connected our task has provided an important, high-quality information acceptable indicating that Omega’s Canyon Project Area contains an highly breathtaking play of important standard poised to play a ample relation successful Australia’s vigor future,” Brown added.

The Canyon-1H good is presently unopen in, with wellhead unit build-up being monitored. The accelerated unit build-up indicates favourable reservoir conditions.