Chevron Announces Natural Gas Discovery Offshore Western Australia
Vos-1 discovery adds to drilling success and further underpins development of world-class LNG business.
PERTH, Western Australia, 15 December, 2011 – Chevron Australia Pty Ltd today announced a natural gas discovery in the Exmouth Plateau area of the Carnarvon Basin, offshore Western Australia.
The Vos-1 well encountered approximately 138 metres (453 feet) of net gas pay. Located in the WA-439-P permit area approximately 300 kilometres (186 miles) from Exmouth on the Western Australian coast, the well was drilled in 1484 metres (4869 feet) of water to a depth of 3798 metres (12,461 feet).
George Kirkland, vice chairman, Chevron Corporation, said, “The find at Vos-1 represents our twelfth offshore discovery in Australia since mid-2009. Our successful drilling program offshore Western Australia demonstrates Chevron’s global exploration capability.”
Melody Meyer, president, Chevron Asia Pacific Exploration and Production Company, said, “Our on-going exploration success continues to add to our Australian resource base, further underpinning our drive to be a leading supplier of liquefied natural gas to world markets and natural gas to Western Australia.”
Chevron’s Australian subsidiary is the operator of WA-439-P and holds a 50 percent interest, with Shell Development (Australia) Pty Ltd holding the remaining 50 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 about 3,000 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.
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
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