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 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...
WA $1.2 BILLION BUDGET SURPLUS
WA is on track to deliver a $1.2 billion surplus this financial year following the windfall of iron ore...
204 Walcott Revealed
We are excited to see one of our beautiful apartments in our recently completed 204 Walcott Art Deco inspired...
Perth’s housing market jumps into 2020 with positive growth
Perth’s housing market has kicked off positively with home values set to rise by 6% this year according to predictions...
Construction kicks off for new Northbridge apartments
Our second development to kick off construction this month is our 22 apartment development, Reside on Money, in the...
WA CLIMBS BEST PERFORMER ON COMMSEC LEADERBOARD
WA currently leads the nation in three of eight indicators used by CommSec to measure economic strength over the...
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...
Australia set to cash in on Brazil iron ore mine closure
Australia’s big iron ore miners are set to benefit immensely on surging iron ore prices as Brazil’s Vale mine...
WA | Only state/territory to see unemployment rate fall
More good news for WA! In the latest release of monthly jobs figures, WA ranked as the only state...
Perth rental and sales activity on the rise
Stupendous news for Perth as data derived from reiwa.com revealed leasing transactions rose by 16% as well as sales transactions...
