Australia’s Carnarvon eyes NWS resources
And the outlook for the country’s upstream appears to have improved following legal setbacks in 2023
Confidence is returning to Australia’s oil and gas sector, according to Philip Huizenga, CEO of Australian independent Carnarvon Energy. He told Petroleum Economist about the company’s plans to develop resources off the coast of Western Australia (WA). Carnarvon’s flagship asset is the Santos-operated Dorado field, part of the Bedout Basin on WA’s North West Shelf. Dorado is a “top quality” reservoir, said Huizenga, adding its oil comprises “light, sweet fluids”. The field itself lies in relatively shallow waters of around 90m depth and holds about 162m bl of recoverable oil, as well as around 750bcf of gas, and could eventually produce up to 100,000b/d. Discovery and appraisal were made in
Also in this section
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
3 March 2026
The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis






