Carnarvon, Partner Spud Oz Well

Australian Carnarvon Petroleum June 5 announced commencement of drilling at the Dorado-1 well in in the North-West Shelf offshore Western Australia.

The primary objective for the Dorado-1 well is to assess the gas and liquids potential in the Caley Member with the well being less than 20 km from and updip of the successful Roc-1 and Roc-2 wells, the company said. The Dorado structure at the Caley interval is estimated to contain a gross mean recoverable prospective resource of 545bn ft³ of gas and 30mn barrels of associated condensate.

Multiple secondary targets have been identified by Carnarvon in the Crispin and Milne Members and these will also be assessed by the Dorado-1 exploration well.

The equity interest holders in the project are Carnarvon Petroleum 20%; Quadrant Energy (operator) 80%.