Shell's ambitions for establishing its first ever floating LNG facility in Australia have been boosted by a significant new gas discovery near its Prelude field in the Browse Basin.

Concerto was discovered with the tenth well of a 12 well program at Shell's wholly-owned WA-371-P permit, 450km north west of Broome in the Kimberley, where it has already confirmed more than 2 trillion cubic feet of gas at Prelude.

Although still early days, Concerto lies only 16km from the Prelude field, significantly enhancing its development prospects.

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