Quadrant Energy has completed drilling the Outtrim East-1 well offshore Australia and discovered the presence of hydrocarbons.
The Outtrim East-1 well, located within the WA-155-P(1) exploration permit in the North West Shelf of Australia, was spud on June 18, 2016 with the Noble Tom Prosser jack-up drilling rig.
Quadrant is the operator of the licence with 71.5%, and Carnarvon Petroleum is its partner with 28.5% interest.
Carnarvon said on Monday that the well has completed the coring operation, drilled down to final depth of 1,441 metres, and completed a revised wireline logging program. This completes the Outtrim East-1 well drilling operations and the rig will leave the location shortly, the company said.
A total of 91 metres of core was cut with close to 100% of the core being recovered to surface and the core is now being transported to shore for evaluation at laboratories in Perth, Carnarvon informed.
The company also added that the core evaluation is critical to determine the extent and quality of the net reservoir and estimate the in place and recoverable volumes in the Outtrim and Outtrim East structures.
Carnarvon stated that the joint venture partners decided not to complete the full suite of logging activities, believing sufficient information has now been acquired to assess the well results to the extent planned.
“There will be a number of months of laboratory work necessary before we are able to compile and report on the results of the well. However, early interpretation of fluorescence data indicates the well has discovered the presence of hydrocarbons in the target interval,” Carnarvon concluded.