Woodside Discovers Gas at Toro 1 Well in Western Australia

Woodside on Wednesday said that the Toro-1 exploration well in Western Australia’s permit WA-430-P has intersected approximately 150 metres gross gas and 65 metres net gas within the Mungaroo Formation target.

The well is located in Exmouth Sub-Basin and is within 22km of Woodside’s existing Ragnar-1A discovery.

Following drilling, wireline logging has been conducted and confirmed the presence of a gas column through pressure measurements and gas sampling, the company said. The well will now be plugged and abandoned as planned.

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 maximising 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.