Woodside Hits with Enfield-4 Appraisal Well

Woodside Petroleum Ltd said its Enfield-4 appraisal well offshore Western Australia had found oil. "A gross oil-bearing interval of 18.1 meters was intersected within Macedon Sandstone," the company said in a statement. Woodside thinks that Enfield, which was discovered in 1998, could be developed by mid-2005 with an initial production of 100,000 barrels per day (bpd).

The company is discussing the possibility of the field becoming a regional hub linking with the Vincent and Laverda discoveries.

Enfield is located in permit area WA-271-P where Woodside has a 100-percent interest. The well was drilled by Diamond Offshore's semisubmersible Ocean Bounty.