Gulf Oil and Gas accountACCOUNT

Carnarvon Petroleum & Quadrant Energy Sign Rig Contract to Drill Dorado-1 Well in WA-437-P

Source: www.gulfoilandgas.com 11/13/2017, Location: Not categorized

Share |
JV partner Carnarvon Petroleum has announced that the Operator, Quadrant Northwest, has signed a contract with ENSCO Australia to drill the highly anticipated Dorado-1 exploration well using the ENSCO-107 jack-up drilling rig.

The Dorado-1 exploration well has a number of large targets. The primary target is the proven Caley Sandstone which Carnarvon estimates to contain a mean prospective resource of 545 bscf of gas and 31 mmbbls of condensate. The Milne Sandstone is a secondary target which may contain up to four additional sands of a similar size, albeit with a slightly higher risk. The prospective resource estimates for the Dorado-1 well are outlined below.

The Dorado-1 well is expected to commence around May 2018 while the Phoenix South-3 well is expected to commence around March 2018. Rigs have now been secured for both wells.

Carnarvonís Managing Director, Adrian Cook said: 'The results of our 2018 drilling program are expected to be important contributors to our knowledge of the Bedout sub-basin and its near term commerciality. 2018 will be an exciting time with the Phoenix South-3 well evaluating the gas and condensate already discovered in the nearby Phoenix South-2 well, while the Dorado-1 well will be exploring for significant gas and condensate volumes over multiple reservoir sands only some 15 kms from the highly successful Roc-2 well.'

The Dorado-1 well is located within the WA-437-P exploration permit in the North-West Shelf of Australia. The equity interest holders are: Carnarvon Petroleum 20%; Quadrant Northwest (Operator) 80%.

Rigs >>

Rigs News in Australia >>

Norway >>  10/12/2018 - Maersk Drilling AS and the Maersk Intrepid rig have been awarded a 5-month contract for operational support on the Martin Linge field. Two extension o...
East Timor >>  10/10/2018 - Maersk Drilling signs on semi-submersible rig Maersk Deliverer with Eni for exploration well offshore Timor-Leste. ...

United States >>  10/10/2018 - Rowan Companies plc (RDC) has concluded the sale of two LeTourneau TARZAN Class jack-up rigs, the Scooter Yeargain and the Hank Boswell, to ARO Drilli...
Nigeria >>  10/8/2018 - Sirius Petroleum, the Nigeria-focused oil and gas development and production company, announces that it has decided, by mutual agreement with COSL, to...

Italy >>  10/5/2018 - Shelf Drilling, Ltd. announced that one of its subsidiaries has secured a two-year contract for the Key Singapore with Eni S.p.A for operations in the...
United Kingdom >>  10/4/2018 - Further to our press releases of 18 and 30 May 2018, Awilco Drilling PLC is pleased to confirm that a contract amendment has now been signed with Shel...

Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Related Articles: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 


Australia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 |

More News

 

Oil & Gas Companies in Australia >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.