Carnarvon: Presence of Hydrocarbons Indicated at Dorado-1 Well



Carnarvon: Presence of Hydrocarbons Indicated at Dorado-1 Well
The presence of hydrocarbons has been indicated at the Dorado-1 well offshore Australia, Carnarvon Petroleum Limited says.

The presence of hydrocarbons has been indicated at the Dorado-1 well offshore Australia, Carnarvon Petroleum Limited has revealed.

“From approximately 3,853 meters [12,641 feet] measured depth to 3,947 meters [12,949 feet] measured depth, logging while drilling tools indicated a number of sandstone intervals have been encountered as expected within the Caley Member,” Carnarvon said in a company statement Thursday.

“Elevated gas readings and increased resistivity were observed in interpreted porous and permeable zones, indicating the presence of hydrocarbons. Wireline logging is required to obtain definitive results,” the statement continued.

The Dorado-1 well has now drilled down to around 4,044 meters [13,267 feet] measured depth, Carnarvon said in a company statement on Friday.

The primary objective for the well is to assess the gas and liquids potential in the Caley Member. Carnarvon says the Dorado structure at the Caley interval is estimated to contain a gross mean recoverable prospective resource of 545 billion cubic feet of gas and 30 million barrels of associated condensate.



WHAT DO YOU THINK?


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.