New Gas Discovery in Otway Basin: Three D Energi's Breakthrough

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Fridays

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Three D Energi makes significant gas discovery in Australias Otway Basin, marking first use of new testing platform Ora. Essington-one well yields promising results, with two out of three tested zones in Waarre A reservoir showing excellent gas transmission. Favorable condensate-gas ratio and low carbon dioxide concentrations indicate potential for simpler processing and reduced environmental impact. Charlemont-one well to be drilled next in the campaign.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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