Offshore Western Australia Labyrinth Prospect Analysis: 1.5 Bbbl Of Recoverable Resources
Drilling Activity Details
Drilling Activity Summary
Description
Carnarvon Petroleum Ltd. revised the estimated prospective resources in the offshore Western Australia Labyrinth Project in Block WA-521-P after completing petrophysical analysis and compiling data from the Roc and Phoenix South wells in the adjacent permits. The Labyrinth Project is located in the Rowley Sub-basin on the North West Shelf and is north of Carnarvon’s Roc and Phoenix South prospects. The total unrisked prospective resource of the eight most highly ranked prospects is more than 1.5 Bbbl recoverable resources. A number of other leads have also been identified. The Ivory Prospect, which is within the Labyrinth Prospect, has a total mean prospective resource of more than 420 MMbbl. Area water depth is 200 to 500 m. Perth-based Carnarvon is the operator of Block WA-521-P and the Labyrinth Project, with 100% interest.
Carnarvon Petroleum Ltd. revised the estimated prospective resources in the offshore Western Australia Labyrinth Project in Block WA-521-P after completing petrophysical analysis and compiling data from the Roc and Phoenix South wells in the adjacent permits. The Labyrinth Project is located in the Rowley Sub-basin on the North West Shelf and is north of Carnarvon’s Roc and Phoenix South prospects. The total unrisked prospective resource of the eight most highly ranked prospects is more than 1.5 Bbbl recoverable resources. A number of other leads have also been identified. The Ivory Prospect, which is within the Labyrinth Prospect, has a total mean prospective resource of more than 420 MMbbl. Area water depth is 200 to 500 m. Perth-based Carnarvon is the operator of Block WA-521-P and the Labyrinth Project, with 100% interest.