Chevron scores more gas in deepwater off Australia

Offshore staff

PERTH, Western AustraliaChevron Australia Pty Ltd. has discovered more gas in the Greater Gorgon Area of the Carnarvon basin offshore northwest Australia.

The Isosceles-1 exploration discovery well encountered about 134 m (440 ft) of net gas pay in the Triassic Mungaroo Sands in 968 m of water (3,175 ft). It is located in the WA-392-P permit area approximately 95 km (60 mi) northwest of Barrow Island, off the coast of Western Australia.

“This discovery is a continuation of our exploration success and further positions our company as a key supplier for future liquefied natural gas demand in the Asia/Pacific region,” said Melody Meyer, president, Chevron Asia Pacific Exploration and Production Co.

Roy Krzywosinski, managing director, Chevron Australia, said: “This discovery in the Greater Gorgon Area is an important addition to our portfolio and highlights the industry-leading results of our exploration program in Australia.”

Chevron Australia is the operator of WA-392-P with a 50% interest. Shell Australia and Mobil Australia Resources each hold a 25% interest.

04/30/2015

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