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Chevron makes 13th Aussie gas find since mid-2009

Chevron Corp. has drilled the Satyr gas discovery on the Exmouth Plateau area of the Carnarvon basin, the company's 13th offshore gas find in Australia since mid-2009.

The Satyr-3 well encountered 243 ft of net gas pay. It went to 13,369 ft in 3,688 ft of water 113 miles north of Exmouth, Western Australia, on the WA-374-P permit.

Chevron's Australian subsidiary is operator of the permit with 50% interest, and units of ExxonMobil Corp. and Royal Dutch Shell PLC each hold 25%.


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