Onshore gas drilling in WA lifts hopes

The first onshore exploration wells to be drilled in Western Australia for almost two years have lifted hopes of “lookalike” gas discoveries on a par with the Waitsia field in 2017, which fuelled a $600 million bidding war for one of the resource’s co-owners.

The Australian Financial Review is reporting drilling should start near the end of May at the West Erregulla-2 well in the North Perth basin, targeting the same rocks as at Waitsia.

Waitsia, with an estimated 844 billion cubic feet of gas, is said to be the country’s largest onshore conventional gas find for 40 years. West Erregulla could be even larger, with  a best-estimate target of 916 bcf, and potentially as much as 1.296 trillion cubic feet.

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