UPDATE: Pavo-1 has now been announced as a significant discovery!
With positive signs of a potential discovery, could the Pavo-1 well extend the oil play fairway in Western Australia?
Santos, along with partners Carnarvon Energy, are currently drilling the Pavo-1 exploration well, part of a 2 well drilling program which will also see Apus-1 drilled using the Noble Tom Prosser drilling rig.
If these 2 wells discover commercial volumes of oil, it would extend the play fairway towards the south-wast from the previously discovered Dorado, Roc, Phoenix & Phoenix South discoveries.
It has been known there is hydrocarbons in the Bedout Sub-basin since BP discovered Phoenix in 1980. Since then Apache & Quadrant have both made further discoveries.
With Dorado expected to go to development soon, and with numerous undrilled prospects in the area, discoveries at Pavo & Apus could spark significant renewed interest in the region.
TROVE Australia NW Shelf contains details of all offshore oil and gas fields and discoveries from the region. With information on over 350 assets, this is the most comprehensive technical subsurface database for the NW Shelf area. We have several other TROVE databases ensuring complete offshore coverage of the Australia.
See our coverage map here: https://www.1stsom.com/trove
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