Woodside chief executive Peter Coleman revealed the drilling rig was on location and set to start drilling the Toro-1 exploration well in WA-430-P.

The well is targeting gas in a water depth of 1163 metres and will be drilled to a total depth of 3788 metres.

Once completed, Woodside plans to plug and abandon the well.

Toro-1 is a highly anticipated well as it could determine the future of Woodside’s Greater Enfield-Laverda oil and gas development.

Coleman