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Carnarvon Petroleum at 3640 metres depth in Dorado-1 offshore well

The well is within the Phoenix project offshore Western Australia in the Canning Basin.
offshore drilling rig
Quadrant Energy is the project's operator with an 80% interest

Carnarvon Petroleum Ltd (ASX:CVN) has reached a depth of 3,640 metres in the Dorado-1 offshore well targeting gas and condensate in a zone known as the Caley Member interval.

The drill’s 9 and 5/8 inch liner was set and cemented in place down to around 3,637 metres measured depth and this sized drill will continue down to about 4,050 metres.

The primary objective for the Dorado-1 well is to assess the gas and liquids potential in the Caley Member with the well being less than 20 kilometres from and updip of the successful Roc-1 and Roc-2 wells.

READ: Carnarvon Petroleum hits 5,041 metres depth for Phoenix South-3 well

The Phoenix South-3 offshore is also being drilled within the same project targeting the same Caley formation.

At the most recent update at the end of June, the 10-5/8 inch hole had been drilled down to 5,041 metres measured depth with drilling continuing deeper.

As the offshore well gets drilled deeper, thinner drilling equipment is required.

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