Quadrant Energy announced Wednesday that the Roc-2 well, located offshore Australia, has flowed gas and condensate during testing.
The well recorded an output of 51.2 million standard cubic feet of gas per day and 2,943 barrels of condensate per day, from an 82-foot thick perforated interval at 14,435 feet below sea level.
“The successful test result highlights the prospectivity of the Bedout basin,” said Quadrant’s CEO Brett Darley in a company statement.
“These results show significant potential in this largely unexplored area situated in relatively shallow water,” he added.
Since farming into the area in 2012, the Quadrant Energy-led joint venture has achieved a 100 percent success rate in three exploration wells – Phoenix South-1, Roc-1 and now Roc-2.
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