Australia
- Vermilion operates the Wandoo field and offshore platform
- Wandoo provides attractive ‘attic’ and ‘flank’ oil development opportunities
- The exploitation plan aims to significantly extend the life of this field
Operations
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- Background
- Produced 7,354 b/d of oil in 2010 from 21 producing wells (21 net)
- Reserve life index of 7.3 years based on proved plus probable reserves
- Entered Australia in 2005, acquiring 4,800 b/d of oil, a 60% working interest and operatorship of the offshore Wandoo field located on Australia's northwest shelf.
- Following purchase of the platform, Vermilion increased the fluid handling capacity on the platform from 114,000 b/d to about 160,000 b/d. By increasing the fluid handling capacity of the platform, we were able to increase oil production as well.
- In 2007 Vermilion acquired the remaining 40% interest in the Wandoo Field
- Believing the aquifer had ‘pushed' the oil column vertically upward in the reservoir, Vermilion drilled two infill horizontal development wells in late 2008 to capture this ‘attic' oil. Each of these wells was brought on production at 1,000 b/d of oil and no associated water production.
- Further reservoir modelling proved up the pressure of significant by-passed pay at the flanks of the reservoir and also in between the existing wells.
- Three multi-lateral wells were drilled mid-2010 to test our ability to produce this by-passed pay. Vermilion had identified several additional targets as well as numerous optimization and water shut-off opportunities which should enable Vermilion to stablize Wandoo field production for several years.
© 2011 Vermilion Energy Inc.