ChevronTexaco reports significant gas discovery in Australia

Aug. 25, 2004
ChevronTexaco affiliates ChevronTexaco Australia Pty. Ltd. and Texaco Australia Pty. Ltd. reported "a significant natural gas discovery" at its 100% held Wheatstone field on retention lease WA-17-R off Western Australia. The Wheatstone-1 discovery well, 110 miles west-northwest of Dampier, flowed 54 MMcfd on test, which was constrained by rig equipment, ChevronTexaco said.

By OGJ editors

HOUSTON, Aug. 25 -- ChevronTexaco affiliates ChevronTexaco Australia Pty. Ltd. and Texaco Australia Pty. Ltd. reported "a significant natural gas discovery" at its 100% held Wheatstone field on retention lease WA-17-R off Western Australia. The Wheatstone-1 discovery well, 110 miles west-northwest of Dampier, flowed 54 MMcfd on test, which was constrained by rig equipment, ChevronTexaco said.

The Transocean Sedco 703 semisubmersible spudded the well July 23 and drilled to 11,096 ft TVD in 700 ft of water. The well encountered 175 ft of net gas sands in the objective Jurassic Tithonian and Triassic Mungaroo AA sands within a 413 ft hydrocarbon column.