Carteret-1 comes up dry

Woodside Petroleum, operator of the WA-4-L Joint Venture, has plugged and abandoned the Carteret-1 exploration well, located in the Carnarvon Basin off Western Australia.

Carteret-1 follows on from the Tigger-1 well, (Woodside 45%, Kufpec 35%, Japan Australia LNG 20%), which was plugged and abandoned after reaching the target depth of 3650m.

Carteret-1 reached a total depth of 3,515m and the Sedco 703 drilling rig was in the process of being released on Sunday, 13 July.

Woodside's interest in WA-4-L (oil assets) is 33.34% with other participants including BHP Billiton Petroleum (North West Shelf) 16.67%, Chevron Texaco 16.67%, Japan Australia LNG (MIMI) 16.67% and Shell Development (Australia) 16.67%.