Sydney-based Novus Petroleum has announced the second well in its Padre Island drilling program, Murdock-1, has spudded. The well is one of six wells Novus is planning to drill in the Padre Island area.
It follows on from the success of La Playa-1 and the company has particularly high expectations for Murdock after modern 3D seismic indicated the structure could contain significant gas reserves.
Participants in the Murdock-1 well include Novus (40%), BNP Petroleum Corporation (operator-30%), Mitsui Oil Exploration Co (20%) and Golden Gate Resources (10%).
ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive
ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.
ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.
This industry-wide report aims to understand current cost levels across the energy industry
Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902
