The West Cycad Oil Field was discovered by the West Cycad-1 exploration well in November 2006. The reserves discovered at West Cycad will be recovered via the existing Victoria Oil Platform. Tap estimates the initial well production rate, commencing within the next two weeks via the Varanus Production hub, to add around 4,000 bopd to HJV production.
Harriet Joint Venture participants are Apache Northwest as operator with 68.5%; Tap (Harriet) Pty Ltd with 12.2229% and Kufpec Australia with 19.2771%.
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