Norway based oil and gas giant ‘Equinor’ has been awarded exploration acreage in the Northern Carnarvon Basin offshore Western Australia
According to Equinor, the new exploration permit, WA-542-P, has been awarded as operator with 100% ownership.
WA-542-P is located west of the recent Dorado oil discovery. The block covers 4815 square kilometers and lies about 100 kilometers from the Australian coast. The water depth ranges from 80 to 350 meters
The work program for the block includes geological and geophysical studies, reprocessing of seismic data and new 3D seismic acquisition.
Equinor established an office in Australia in 2012, and is the operator for EPP39 and EPP40 in the Ceduna Basin offshore South Australia.
Equinor is the sole titleholder of exploration permit 39 (EPP39). As part of the permit commitment, Equinor plans to drill the Stromlo-1 exploration well.
As per submitted plan, the well is located in the Ceduna sub-basin, off southern Australia. The well is located approximately 400 km southwest of Ceduna and 476 km west of Port Lincoln and in a water depth of approximately 2240 m.