Carnarvon Petroleum: Roc-1 Well Shows Signs of 'Working Petroleum System'

Carnarvon Petroleum Ltd announced Friday that the Roc-1 well, located in permit WA-437-P offshore Western Australia, has shown signs of a “working petroleum system”.

Elevated gas readings and increased resistivity in porous zones were observed in the section of the well from 13,779 feet to 14,550 feet, indicating the presence of hydrocarbons and a working petroleum system, according to a company statement. Non-commercial, minor hydrocarbon shows were observed whilst drilling in good quality reservoir sands from 12,303 feet to 13,779 feet.

Roc-1 will now be drilled ahead, as scheduled, to a total depth of approximately 15,583 feet, at which time a full suite of wireline logs will be acquired. The equity interest holders in WA-437-P comprise Carnarvon Petroleum, which holds a 20 percent interest, Quadrant Energy, which holds a 40 percent operated interest, JX Nippon and Finder Exploration, both of which hold a 20 percent interest.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Statoil Receives Consent to Drill Well... (Apr 21)
 -  OGA Urging Industry to Increase Pace o... (Apr 21)
 -  KBR, PT Singgar to Provide Staff for E... (Apr 20)
 -  Contest Launched Among Street Art Pain... (Apr 20)
 -  Wind Powered Oil Recovery Project Comp... (Apr 19)


Most Popular Articles

From the Career Center
Jobs that may interest you
Mud Engineer / Drilling Fluid Tech
Expertise: Drilling Consultant
Location: Midland, TX
 
Engineering Technician I
Expertise: Document Control|Drilling Engineering|Modeling
Location: Houston, TX
 
CDL Class A Driver INTERVIEW OPPORTUNITY
Expertise: HVAC|Motorman|Truck / HGV Driver
Location: Frisco, TX
 
search for more jobs

Brent Crude Oil : $52.99/BBL 0.11%
Light Crude Oil : $50.27/BBL 0.33%
Natural Gas : $3.16/MMBtu 0.94%
Updated in last 24 hours