Additional Oil Pay Found At Phoenix Project, Offshore Western Australia
Drilling Activity Details
Australia
Drilling Activity Summary
Description
Quadrant Energy Pty Ltd. has confirmed that the company has made additional oil discoveries in Crespin and Milne Members at exploration well #1-Dorado in its Phoenix Project in offshore Western Australia’s Block WA-437-P. Wireline evaluation found additional oil in Caley, as well as Crespin and Milne. Light oil was recovered from Crespin containing a gross hydrocarbon package of 50 m, a net oil pay thickness of 22 m and average porosities of 14%. Light oil was also recovered from Milne containing a gross hydrocarbon package of 30 m and a net pay thickness of 18 m with average porosity of 13%. According to Quadrant, pressure data has confirmed that the Dorado structure contains multiple oil columns in Caley, Crespin and Milne, with a gas and condensate column in Baxter and total net hydrocarbon pay of 132 m. No water was encountered in Caley, Baxter and Milne. Quadrant, based in Perth, is the operator of WA-437-P and #1-Dorado with 80% interest in partnership with Carnarvon Petroleum holding 20%.
Quadrant Energy Pty Ltd. has confirmed that the company has made additional oil discoveries in Crespin and Milne Members at exploration well #1-Dorado in its Phoenix Project in offshore Western Australia’s Block WA-437-P. Wireline evaluation found additional oil in Caley, as well as Crespin and Milne. Light oil was recovered from Crespin containing a gross hydrocarbon package of 50 m, a net oil pay thickness of 22 m and average porosities of 14%. Light oil was also recovered from Milne containing a gross hydrocarbon package of 30 m and a net pay thickness of 18 m with average porosity of 13%. According to Quadrant, pressure data has confirmed that the Dorado structure contains multiple oil columns in Caley, Crespin and Milne, with a gas and condensate column in Baxter and total net hydrocarbon pay of 132 m. No water was encountered in Caley, Baxter and Milne. Quadrant, based in Perth, is the operator of WA-437-P and #1-Dorado with 80% interest in partnership with Carnarvon Petroleum holding 20%.