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 housing affordability – the best it’s been in years
Perth has one of the most affordable property markets of any capital city in Australia. A decline in housing...
CoreLogic Report | November
CoreLogic’s recent data has been released. See the summary for November below: CoreLogic’s national Home Value Index surged 1.7%...
Quick recovery could reduce Government bailout spend
The JobKeeper and JobSeeker schemes, originally budgeted to cost $130 billion with the expectation that 6 million people would...
Restrictions lifted and a flattened curve makes WA the best place to be right now.
WA Premier Mark McGowan is eager to get West Australians back to work after releasing the states highly anticipated...
| 204 Walcott |
How stunning is this image captured of our completed 204 Walcott Development! We are so proud of this development...
Griffin at Realestate.com.au Market Update event
Griffin Group’s Marketing team attended a Realestate.com.au Market Update event last week which explored the subtle but notable changes...
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...
PERTH RENTAL MARKET UPDATE
Perth’s rental market remains incredibly competitive as we enter the second quarter of 2022.
Retail is on the rise for WA
WA’s retail industry has officially had its strongest quarter of growth in over 6 years thanks to families fleeing...
7 reasons why WA is well positioned to bounce back from COVID-19
Finance Minister Mathias Cormann believes the WA economy will economically bounce back from COVID-19 pandemic for seven key reasons....
