Quadrant Energy reports successful well test offshore Western Australia
PERTH, Australia -- Quadrant Energy has confirmed a successful well test from the Roc-2 well, 165 km north of Port Hedland in the Bedout basin.
Roc-2 flow tested at a maximum (equipment constrained) rate of 51.2 MMcfgd and 2943 bbl of condensate per day, from a 25-m thick perforated interval at 4,400 m below sea level.
The successful test result highlights the prospectivity of the Bedout basin.
Since farming into the area in 2012, the Quadrant Energy-led joint venture has achieved a 100% success rate in three exploration wells – Phoenix South-1, Roc-1 and now Roc-2.
These results show significant potential in this largely unexplored area, situated in relatively shallow water. Quadrant Energy is the operator and holds between 70%-80% interest over four permits, totaling more than 21,000 km2.
The Roc-2 result provides the company with the opportunity to evaluate a range of development options given the close proximity to major resource projects. Quadrant is continuing to obtain high quality data to thoroughly evaluate these options in a measured approach.
The announcement adds to the company’s recent exploration success during the year at Davis-1, Outtrim-East-1 and Spartan-1.
