Lucky Thirteen for Chevron Offshore AU

Chevron Corp. announced a natural gas discovery by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, offshore Western Australia.

The Satyr-3 well encountered approximately 243 feet (74 meters) of net gas pay. The well is located 113 miles (182 kilometers) north of Exmouth in the WA-374-P permit area, and was drilled in 3,688 feet (1,124 meters) of water to a depth of 13,369 feet (4,075 meters).

George Kirkland, vice chairman, Chevron Corporation, said, Satyr-3 represents our thirteenth offshore discovery in Australia since mid-2009. This recent discovery reinforces the quality and value of our Australian exploration lease holdings in the Carnarvon Basin.

Melody Meyer, president, Chevron Asia Pacific Exploration and Production Company, said, The Satyr-3 discovery adds to our Australian resource base, further supporting our long-term plans to position Chevron as one of the world's leading LNG suppliers.

Chevron's Australian subsidiary is the operator of the WA-374-P permit area and holds a 50 percent interest, with ExxonMobil and Shell each holding 25 percent.


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Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Jayde | Jan. 24, 2012
This article keeps it real, no doubt.

Pete Le Muth | Jan. 20, 2012
it is hoped that these discoveries are actively pursued and developed, this would create many opportunities for Australians in the Offshore Industry to work at home instead of all over the world as many of us are doing at the moment!

Blair Wylie | Jan. 19, 2012
You mean Strike Three for Chevron, don't you? Kicked out of Ecuador for macro pollution, kicked out of Brazil for an offshore blow-out and now they have another one (with two dead) offshore Nigeria.

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