Chevron in natural gas discovery offshore Australia

PERTH, Western Australia -- Chevron Australia Pty Ltd. has announced further drilling success in the Greater Gorgon Area, located in the Carnarvon basin, a premier hydrocarbon basin offshore northwest Australia.

The Isosceles-1 exploration discovery well encountered approximately 134 m (440 ft) of net gas pay in the Triassic Mungaroo Sands in 968 m of water (3,175 ft).

The well fulfilled the second-year work commitment in the exploration program. It is located in the WA-392-P permit area approximately 95 km (60 miles) 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 LNG demand in the Asia-Pacific region,” said Melody Meyer, president, Chevron Asia Pacific Exploration and Production Company.

“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,” said Roy Krzywosinski, managing director, Chevron 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.