Area Drilling

AustraliaWest Oil NL, West Perth, was awarded 1,672 sq km WA-316-P in the Australian Timor Sea, Bonaparte basin, 70 km west of Bayu-Undan gas and condensate field.West will reprocess 2D seismic in the first year and drill a well in the third year. The permit is in 60-100 m of water off northernmost Western Australia between the Londonderry high and Sahul syncline. Nine wells were drilled during 1972-98.WA-316-P has several Plover sandstone oil prospects and the Avocet Deep prospect with a P50 potential of 3 tcf in Permian limestones. Avocet Deep, to be offered for farmout, is about 85 km southwest of Corallina, Laminaria, and Buffalo oil fields.GreenlandAuthorities released data acquired ...

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