Chevron finds gas in Satyr-2 exploration well

Chevron Corp. has successfully drilled another exploration well in the Greater Gorgon Area, located in the Carnarvon Basin, a premier hydrocarbon basin.

“The continued exploration success in the Carnarvon Basin could help underpin expansion opportunities at our LNG projects in Australia and support our drive to become a leading supplier of LNG to world markets and domestic gas to Western Australia.”

The Satyr-2 exploration discovery well confirmed approximately 128 ft (39 m) of net gas pay. The well is located in the WA-374-P permit area approximately 75 miles (120 km) northwest of Barrow Island off the Western Australian coast. The well was drilled in 3570 ft (1088 m) of water to a total depth of 12,454 ft (3796 m). Satyr-2 is Chevron’s fifteenth discovery in Australia since mid-2009.

Melody Meyer, president, Chevron Asia Pacific Exploration and Production Company, said, “The continued exploration success in the Carnarvon Basin could help underpin expansion opportunities at our LNG projects in Australia and support our drive to become a leading supplier of liquefied natural gas to world markets and domestic gas to Western Australia.”

Chevron Australia is the operator of WA-374-P with a 50% interest while Shell and Exxon Mobil each hold 25%.

Adapted from press release by Peter Farrell.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/20092012/chevron-confirms-gas-find-in-satyr-2-exploration-well-in-carnarvon-basin/