Dorado oil field set to boost WA’s oil and gas industry
October 21, 2019
A new oil field discovery brings great news to WA’s oil and gas industry
Carnarvon Petroleum’s Dorado oil field in the North West Shelf has one of the highest oil rate flows from any appraisal test spudded in the NW shelf.
“It’s going to be great for Carnarvon and Santos but with a bit of luck here, I think it’s going to be quite exciting for WA more broadly, and potentially that whole Pilbara Region” said Carnarvon Petroleum boss Adrian Cook
Dorado could be part of a new oil and gas basin and if funding goes well, the field could be in production as early as 2024.
This is a brief summary of the article “Dorado oil discovery ‘tip of the iceberg” by Stuart McKinnon in The West Australian Wednesday 9 October 2019.
Read Our Other Articles
Griffin’s Project Completion
Griffin's Project Completion Introducing: BUTLER MEDICAL CENTRE Griffin Projects Group developed a successful project this year in the...
COVID-19 and the property market
With unpredictability around the ongoing pandemic COVID-19 and the potential onset of a recession there is some uncertainty around...
Bold 10 year vision for Perth
An exciting new vision has been unveiled this week by The City of Perth Council who endorsed the release...
Australia has some of the most liveable cities in the world
It is no secret that Australia is a great place to live! This fact has been confirmed again with...
Perth’s resilient property market
The residential property market is showing more resilience to the pandemic induced instabilities than initially predicted primarily due to...
Demolition completed for The Residence development
In an important step for The Residence development, demolition on the Scarborough site has officially been completed. In keeping with...
WA IS AHEAD OF THE VIRUS – $1 BILLION AHEAD TO BE EXACT
The WA mining industry’s success in trading continuously through the coronavirus pandemic could give WA a market advantage by...
Hong Kong Buyers seeking Australia safe haven.
Hong Kong residents struggling with China’s influence on Hong Kong are seeking out Australia as a potential new place...
Statistics indicate increased confidence in WA’s property market
More good news for WA’s property market with fresh data from the ANZ/Property Council Survey revealing that confidence is...
Apartment sales stable for WA
Perth has yet to be impacted by low apartments sales compared to the east coast where in recent weeks,...
