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How Big Could Omega’s Canyon Sandstone Oil and Gas Play Become?
11:19pm on Friday 29th of August, 2025 AEST
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Energy
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How Big Could Omega’s Canyon Sandstone Oil and Gas Play Become?
11:19pm on Friday 29th of August, 2025 AEST
Key Points
SLB reservoir modelling estimates ~0.95 MMBOE per 2,000m horizontal well
Omega’s acreage can accommodate up to 418 such wells at 1,000m spacing
Canyon-2 well data confirms high overpressure and multiple stacked reservoirs
Significant upside potential from thicker pay zones and additional reservoir levels
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