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Chevron Corp.’s Australian subsidiary in the Greater Gorgon Area, located in the Carnarvon basin, has discovered gas off the Western Australian coast.
The Satyr-4 exploration discovery well confirmed approximately 67 m (220 ft) of net gas pay, according to a news release. The well is located in the WA-374-P1 permit area approximately 120 km (75 miles) northwest of Barrow Island. The well was drilled in 1,088 m (3,570 ft) of water to a total depth of 4,579 m (15,023 ft).
Chevron Australia is the operator of WA-374-P with a 50% interest while Shell Development (Australia) Pty. Ltd. and Mobil Australia Resources Co. Pty. Ltd. each hold 25%.