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Chevron natural gas discovery offshore Western Australia

Posted: 15 December 2011

Chevron reported a natural gas discovery by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, offshore Western Australia.

"The find at Vos-1 represents our twelfth offshore discovery in Australia since mid-2009," said George Kirkland, vice chairman, Chevron Corporation.

"Our successful drilling program offshore Western Australia demonstrates Chevron's global exploration capability."

The Vos-1 well encountered approximately 453 feet (138 meters) of net gas pay. Located in the WA-439-P permit area approximately 186 miles (300 kilometers) from Exmouth on the Western Australian coast, the well was drilled in 4869 feet (1484 meters) of water to a depth of 12,461 feet (3798 meters).

"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," said Melody Meyer, president, Chevron Asia Pacific Exploration and Production Company.

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.




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