Chevron makes 13th Aussie gas find since mid-2009

Jan. 19, 2012
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.

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%.