Chevron has announced another gas discovery off WA's north during drilling exploration which it says will underpin its Gorgon and Wheatstone projects.
Chevron has announced another gas discovery off WA's north during drilling exploration which it says will underpin its Gorgon and Wheatstone projects.
The Sappho-1 exploration well is 140 kilometres northwest of Onslow.
In a statement Chevron said the well was drilled to a depth of 4,696 metres (15,406 feet) and encountered approximately 75 metres (246 feet) of net gas pay.
"The Sappho-1 discovery is another example of the success of Chevron's significant exploration investment in northwest Australia and will support our long-term plans to build a leading natural gas business to supply energy to Australia and the Asia-Pacific region," said Chevron vice chairman George Kirkland.
"This is the latest in a succession of back-to-back discoveries that underscore our exploration capabilities. These discoveries will underpin the Gorgon and Wheatstone projects," said Chevron Asia Pacific Exploration and Production Co. president Jim Blackwell.
See full statement below:
Chevron Corporation's subsidiary, Chevron Australia Pty Ltd today announced a new exploration drilling success in the Carnarvon Basin offshore Western Australia, Australia's premier hydrocarbon basin.
The Sappho-1 exploration well is located in the WA-392-P permit area approximately 140 kilometres (87 miles) northwest of Onslow. The well was drilled to a depth of 4,696 metres (15,406 feet) and encountered approximately 75 metres (246 feet) of net gas pay.
George Kirkland, vice chairman, Chevron, said, "The Sappho-1 discovery is another example of the success of Chevron's significant exploration investment in northwest Australia and will support our long-term plans to build a leading natural gas business to supply energy to Australia and the Asia-Pacific region."
Jim Blackwell, president, Chevron Asia Pacific Exploration and Production Co., said, "This is the latest in a succession of back-to-back discoveries that underscore our exploration capabilities. These discoveries will underpin the Gorgon and Wheatstone projects."
Chevron, through its Australian subsidiary, is the operator of WA-392-P with 50 percent interest, while Shell Development (Australia) and an Australian subsidiary of ExxonMobil each hold 25 percent.
Chevron is one of the world's leading integrated energy companies and through its Australian subsidiaries, has been present in Australia for almost 60 years. With the ingenuity and commitment of more than 1,800 people, Chevron Australia leads the development of the Gorgon and Wheatstone natural gas projects; manages its equal one-sixth interest in the North West Shelf Venture; and operates Australia's largest onshore oilfield on Barrow Island and the Thevenard Island oilfields. The company is also a participant in the Browse liquefied natural gas development and is a significant investor in exploration offshore northwest Australia, one of Chevron's four global focus areas for exploration.
In addition, Chevron's Perth-based Global Technology Centre provides technology support and solutions to the company's operations in Australia and around the world. www.chevronaustralia.com
