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
Perth’s property market set for strong rebound
Perth’s property market is sitting well for a strong rebound thanks to continued price growth, tightening supply and an...
A SURGING RESOURCES SECTOR DRIVING RECORD JOB OPPORTUNITIES
By the end of 2022 the total number of people working in the State’s surging resources sector will surpass...
Perth ranked as a top travel destination by Forbes
Perth is the only Australian city that made it into the Forbes Travel Guide’s 14 Top Destinations of 2019,...
Househunters flocking to the city of Adelaide
The city of Adelaide is the state’s most sought-after location in South Australia with 943 property sales recently recorded...
Scarborough Beach To Get Australia’s First Ever Trackless Tram
Sensational news for Perth as Australia’s first ever trackless trams are set to hit Scarborough Beach. This proposed $97...
PROPERTY PRICES SET TO RISE IN 2021
The Australian residential real estate market should begin to rise in the second half of next year following a...
NATIONAL HOUSING PRICES SPIKE BEATS THE MARKET
Sydney house prices could yet again rise for the June quarter as vendors lift their asking prices faster than...
A SAFE AS HOUSES PERTH MARKET BRINGING BACK THE INVESTORS
March has seen lending for housing investments in WA surge to a whopping $462 million continuing its five-year high...
WA rise despite pandemic fears
Despite COVID-19 induced worries the WA property market is in a better position than many expected as sale transactions...
BUYERS ACTING FAST AS APARTMENTS, TOWNHOUSES AND UNITS FLY OFF THE SHELVES
Perth’s dormant unit market is no longer stagnant with a 58 per cent jump this March quarter compared to...
