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
The vision for the City of Perth 2050
“Imagine flying your drone over inlets and islands on either side of Elizabeth Quay. You land on a finger...
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...
Perth is on the map for migrants
There has been an exciting development for migrants taking part in Australia’s regional migration program. Since mid-November, migrants are...
Energy efficiency and why you should go 6 stars
If you are looking for a home where you will slash your energy bills and have a future-proofed investment,...
WA leads way in lifting COVID-19 restrictions
NSW Premier Gladys Berejiklian recently announced a wide-scale easing of COVID-19 restrictions for the state to get the economy...
Australia’s household wealth hits $1m for the first time
Superannuation and rising property values have worked hand in hand to drive Australia’s average household wealth past the $1...
New Brand revealed for LOFT HAUS project
We are very excited to officially launch the branding for our upcoming Loft Haus development situated in Leederville, one...
DEMAND FOR WA’S NEW HOME INCENTIVE SOARS
The Western Australian $20,000 new home incentive has been so popular that even Premier Mark McGowan believes he will...
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...
Apartment living on the rise
Apartment living is gaining popularity with more people pursuing the lock and leave lifestyle. Danielle McCarthy, a 29...
