It is accessed via the
Tanami Road south of the town of
Halls Creek. The crater is central to the
Wolfe Creek Meteorite Crater National Park. The crater averages about in diameter, from rim to present crater floor. For many years it was thought to have been created around 300,000 years ago, but in 2019, following investigations by researchers from
Portsmouth University together with Australian and US researchers, it is now estimated to be less than 120,000 years old, placing the event in the
Late Pleistocene. Small numbers of iron meteorites have been found in the vicinity of the crater, as well as larger so-called 'shale-balls', rounded objects consisting of iron oxide, some weighing as much as . It was brought to the attention of scientists after being spotted during an aerial survey in 1947, investigated on the ground two months later, and reported in publication in 1949. The European name for the crater comes from a nearby creek, which was in turn named after Robert Wolfe (early reports misspell the name as Wolf Creek), a prospector and storekeeper during the gold rush that established the town of Halls Creek. == Aboriginal significance ==