Project Profile
Location: Western Australia, Prudhoe Terrace of the Browse Basin
Area: 305 km2
Water depth: Approx. 190 - 250m
WA-494-P (released as W12-4) located offshore Western Australia on the Prudhoe Terrace of the Browse Basin has been awarded to Inpex Browse. The company proposed a guaranteed work program of the purchase of 80km2 3-D seismic data, reprocessing 210km2 3-D seismic data, reprocessing 40km 2-D data, 290km² 3-D seismic interpretation, 280km 2-D seismic interpretation, geological modelling of stratigraphic plays and 290km² inversion analysis to reprocessed 3-D data to the value of US$1.21 million.
The secondary work program consists of well planning, integrating results from Permit Year 3, one exploration well and the integration of the results of Permit Year 5, totalling US$25.48 million.
Adjacent to the Block with promising gas reserves are the Ichthys gas-condensate field and the Prelude and Concerto gas fields.
Operators:
Inpex Browse: Operator with 100% interest