Chevron-led group makes gas find off W. Australia

A group led by Chevron Australia has made another natural gas find in its exploration permit WA-374-P off Western Australia.

The company reported that its Satyr-1 wildcat, drilled in 1,070 m of water, intersected 130 m of net gas pay.

The discovery, which is yet to be tested, follows that of the group’s Achilles-1 find in October in the same permit that intersected a 100-m net gas pay zone in the Triassic-age Mungaroo sandstone reservoir target.

Both finds are south of Io-Jansz field and west of Gorgon field and are expected to provide additional gas supplies to underpin the $43 billion (Aus.) Gorgon domestic gas and LNG project.

Satyr-1 was drilled with the Ensco 7500 semisubmersible rig. It is part of a 10-well campaign being carried out by the group in Australia this year.

Chevron has a 50% interest in the permit, which lies 160 km northwest of Onslow in the Greater Gorgon Area. ExxonMobil Corp. and Royal Dutch Shell PLC each have 25%.

Source: http://www.ogj.com/

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