Quadrant Permits Drills Driftwood-1 Well offshore Western Australia

Quadrant Permits has spudded the Driftwood-1 exploration well in WA-320-P permit in Western Australia.

The WA-320-P permit is located in the Carnarvon Basin, offshore Western Australia and the Driftwood-1 commitment well is located in WA-320-P in the Barrow sub-basin of the Northern Carnarvon Basin.

The well is being drilled in 99 metres of water and will be drilled to approximately 2,081 metres measured depth, Tap Oil, one of the partners in the project said. The well objective is to test the Early Cretaceous sandstones of the Mardie Greensand Member, Birdrong Member and Zeepaard Formation in a low-relief, northeast-southwest trending four-way dip closure.

The Driftwood-1 commitment well has an expected total well cost of A$15.47 million.

The forward plan for the Driftwood-1 well is to drill to 193 metres measured depth and set and cement the 36-inch conductor.