Woodside reported that the Toro-1 exploration well in permit WA-430-P has intersected about 150 m (492 ft) gross gas and 65 m (213 ft) net gas within the Mungaroo Formation target, according to a press release.
The well reached a total depth of 3,724 m (12,218 ft), referenced from the rig rotary table. Following drilling, wireline logging has been conducted and confirmed the presence of a gas column through pressure measurements and gas sampling. The well will now be plugged and abandoned as planned, the company said.
Toro is located in Western Australia’s Exmouth Sub-Basin and is within 22 km (14 miles) of Woodside’s existing Ragnar-1A discovery.
Woodside Executive Vice President Global Exploration Philip Loader said, “This successful exploration outcome builds Woodside’s gas volumes within the Exmouth Sub-Basin creating options for maximizing the value of our Australian assets.”
Woodside is the operator and 70% equity owner of WA-430-P. Mitsui E&P Australia has the remaining 30% equity, according to the release.
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