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
HOUSE PRICES FORGOE GLOOMY OUTLOOK FOR A MORE UPBEAT ATTITUDE
Home values are starting to stabilise just six months after the March COVID-19 shock which has some economists forgoing...
China to bring economic growth for Australia
Industry experts believe China is Australia’s best bet in leading the nation towards the path of economic stability and...
BHP to raise Iron Ore export capacity
BHP is looking to increase its Western Australian iron ore export capacity from Port Hedland by an extra 40...
WA house price increases despite pandemic fears
The Real Estate Institute of WA (REIWA) has stated the index for Perth’s house prices has remarkably increased by...
OUT WITH THE OLD IN WITH THE NEW – DRAMATIC LEEDERVILLE HOTEL COMPLEX MAKEOVER
Leederville is set to say hello to a new “pub of the future” as the well-known Leederville Hotel complex...
Export dividends to rejuvenate WA’s economy
Great news for WA as US based energy giant Chevron finally sealed its position as a long-term powerhouse in...
Property market still positive despite COVID-19
REIWA has called on the State and Federal governments to conjure up a relief package stimulus to ensure the...
September News Highlights
September News Highlights Swan river deck A river deck alongside Elizabeth Quay has been proposed by a collaboration of...
PROPERTY & ECONOMIC UPDATE
Read the latest thoughts from Griffin’s Founder and CEO, Greg Devine
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...
