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ConocoPhillips

According to wireline logs, ConocoPhillips discovered gas in well Pharos-1 in the WA-298-P Browse basin permit, off the coast of Western Australia. Pharos-1, located around 9 km northeast of the Proteus-1 well, was drilled to a total depth of 5220 m. Pharos-1 was targeting an extension of the discovery made by Proteus-1, which established excellent reservoir quality and condensate-bearing gas in the Montara formation. ConocoPhillips (60%) is operator, with partner Karoon Gas(40%).


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