Chevron Corporation has announced further drilling success by its Australian subsidiary in the Greater Gorgon Area, located in a premier hydrocarbon basin, the Carnarvon Basin.
The Satyr-4 exploration discovery well confirmed approximately 67 meters of net gas pay. The well is located in the WA-374-P1 permit area approximately 120 kilometers northwest of Barrow Island, off the Western Australian coast. The well was drilled in 1,088 meters of water to a total depth of 4,579 meters.
“This latest discovery is a further demonstration of how we are achieving superior success from a focused and high-impact exploration program in a key hydrocarbon basin,” said vice chairman, Chevron Corporation, George Kirkland.
Chevron Australia is the operator of WA-374-P with a 50 per cent interest while Shell Development (Australia) Pty Ltd and Mobil Australia Resources Company Pty Limited each hold 25 per cent.
“Satyr-4 further underscores Chevron’s continuing success in this prolific block and supports our long-term growth plan for the Gorgon Project, and our goal to be a leading LNG supplier to the Asia Pacific region,” said president, Chevron Asia Pacific Exploration and Production Company, Melody Meyer.
