Rig secured for Dorado-1

The Dorado-1 well in the offshore Carnarvon Basin.

The Dorado-1 well in the offshore Carnarvon Basin.

Quadrant Northwest has signed a contract with ENSCO Australia to drill the Dorado-1 exploration well in WA-437-P in the North West Shelf, offshore Western Australia.

The ENCSO-107 jack-up drilling rig will target the proven Caley Sandstone, which is estimated to hold a mean prospective resource of 545 Bcf of gas and 31 MMbbl of condensate.

The Milne Sandstone is a secondary target, which may contain up to four additional sands of a similar size, albeit with a higher risk.

The drilling of the Dorado-1 well is expected to commence around May 2018, while drilling of the nearby Phoenix South-3 well is expected around March 2018.

Rigs have now been contracted for both wells.

Equity interest holders in WA-437-P are Quadrant Northwest (80 per cent and operator) and Carnarvon Petroleum (20 per cent).

Enter your details to subscribe to the free fortnightly Gas Today e-newsletter

Thank you for signing up for the Gas Today Online Update.