The Blythe Field was discovered in 1966 by well 48/22-1, drilled by Burmah. It is a good quality Rotliegend reservoir. It was subsequently appraised by wells 48/22-2, 48/23-3 and 48/23-4 drilled by Arco between 1987 and 1990 which both tested up to 15 MMscfd.
CPR Gas in place estimates are as follows:
|Blythe GIIP (Bcf)||P90||P50||P10|
|Net to IOG||19.4||26.2||42.1|
CPR economically recoverable reserves are estimated at
|Blythe Reserves (Bcf)||1P||2P||3P|
|Net to IOG||11.2||17.2||23.8|
(Source: Competent Person’s Report. ERC Equipoise. September 2013.)
In addition to the gas reserves, there is an estimated condensate yield of approximately 10.5 Bbls/MMcf in the Blythe gas.
The current licence, P1736, was awarded in May 2010 in the 25th licensing round and is currently owned:
|Alpha Petroleum Resources Ltd||50% (Operator)|
FDP submission is targeted in 2015 for development via a single horizontal tri-lateral well. First gas target is Q2 2017.