Gas discovery positions Chevron as key LNG supplier

Chevron Australia Pty Ltd has announced further drilling success in the Australian Greater Gorgon Area, located in the Carnarvon Basin.

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 (3175 ft). The well is located in the WA-392-P permit area approximately 95 km (60 miles) northwest of Barrow Island, offshore 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 of Chevron Asia Pacific Exploration and Production Company.

Roy Krzywosinski, Managing Director, Chevron Australia, added: “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 while Shell Australia and Mobil Australia Resources each hold a 25% interest.

Adapted from press release by Katie Woodward

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/30042015/chevron-gas-find-offshore-australia-669/