Santos, Carnarvon Drill Dorado-3

Australian Santos has started drilling the Dorado-3 well in the Bedout Basin, offshore Western Australia, partner Carnarvon Petroleum said July 30.

The Dorado-3 well is the second appraisal of the Dorado oil and gas field which was discovered in 2018. The field is about 160 km north-northeast of Port Hedland in the Bedout sub-basin in around 95 metres water depth. Last month, Santos announced that the Dorado-2 appraisal well has confirmed oil and gas resources.

The Dorado oil and gas field, one of the biggest finds off Australia in recent years with 283mn barrels of oil equivalent proven and contingent resources, is in permit WA-437-P. Carnarvon, the discoverer, now holds a 20% interest while the rest 80% is held by Santos.