Carnarvon: Dorado Appraisal Drilling Update
Wednesday 5 December 2018
Highlights
- The Noble Tom Prosser jack-up drilling rig has now been secured
- Two firm Dorado appraisal wells are planned with the first to commence around April 2019
Carnarvon Petroleum Limited advised that the contract for the Noble Tom Prosser jack-up drilling rig has been secured.
The shallow water depths mean that the Joint Venture is able to utilise a cost-effective jack-up drilling rig for its Dorado appraisal wells. The Noble Tom Prosser was also used to drill the Roc-1 discovery in this area in 2016.
The 2019 drilling program is expected to include two Dorado appraisal wells that will focus on:
1. gaining further information on the volume of oil, gas and condensate discovered in the Dorado-1 well to build proved reserves which will underpin the Dorado development;
2. determining the flow properties of those hydrocarbons from the reservoirs intersected in order to optimise the Dorado development; and
3. obtaining additional data at different locations within the Dorado field.
The Joint venture partners in exploration permit WA-437-P are Carnarvon (20%) and Santos Limited (80%, operator).