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.