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
Scarborough’s $120 million Woolworths tower project
Scarborough is set to receive even more investment with a planned $120 million-dollar redevelopment of Scarborough’s White Sands Tavern...
November News Highlights
Job growth in WA Western Australian businesses are in job-creating mode – rippling direct benefits onto all sectors of...
Location tops the list when buying an apartment
Location is the number one factor when selecting an apartment for owner occupiers and investors according to 85% of respondents...
Your Guide To Buying Off-The-Plan
Buying off-the-plan can be a daunting process and there’s a chance the uncertainty of not being able to see...
A strong finish for housing values in 2019
Recent data from CoreLogic’s national home value index shows housing values continue to rise in Perth with a 1.1%...
Scarborough | A Great Place To Live And Play
“whether it is watching the sunset over the Indian Ocean, grabbing a bite at the many cafes or restaurants,...
New home sales figures on the rise
A second consecutive month of increased new homes sales has given a big confidence boost to Australia’s property sector with...
WA’s resources sector key driver in Australia’s economy
It is good news for Australia’s economy with the mining sector set to re-establish itself as a key driver...
PROPERTY PROFIT RISING TO NEW HEIGHTS
Housing prices have recently seen an exponential rise due caused by a flood of returning expats and east coast...
New in the neighbourhood
I spy with my little eye, something beginning with … COFFEE. That’s right, your daily ritual is now in...
