Quadrant Energy has more than 59,000 square kilometres of exploration acreage across 34 permits in Australia, predominantly in the North Carnarvon basin offshore Western Australia. The diverse portfolio includes a combination of mature shallow-water permits and more recently acquired frontier acreage. This strong exploration position has been built over more than 20 years of active drilling and targeted seismic acquisition.
In 2016 Quadrant Energy was the most active offshore exploration company in Australia, with a successful, seven-well exploration drilling program including discoveries at Roc, Spartan, Outtrim East and Davis.
- In the Bedout Basin, the Roc-2 appraisal well tested at sustained rates as high as 51.2 million standard cubic feet per day and 2943 barrels of condensate per day, from a 25 metre thick perforated interval at 4400 metres below sea level. These results – along with the 100% exploration success rates over three wells – highlight the potential of this largely unexplored area, situated in relatively shallow water near the industrial hubs of the Pilbara. Quadrant Energy is the operator and holds between 70-80% interest over four (4) permits totaling more than 21,000 square kilometres.
- Spartan was a successful discovery west of Barrow Island, proving up a clearly commercial accumulation of gas in close proximity to existing facilities. Spartan highlights the additional potential for exploration in these mature areas and our ability to keep facilities such as Varanus Island full to capacity.