THE Libris-1 exploration well in Western Australias Dampier Sub-basin will be plugged and abandoned after wireline log results indicated sub-economic oil discoveries in the Upper and Lower Angel Formation objectives, according to junior partner Pan Pacific Petroleum.
Evaluation operations are continuing at the well, which reached a total depth of 3481m on Friday, before it is plugged and abandoned.
The WA-246-P joint venture comprises Apache Northwest (operator with a 45% stake), Kufpec Australia (20%), Santos (15%), Tap (Harriet) (10%) and Pan Pacific (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
