Chevron announces Carnarvon gas discovery

Chevron Corp. today announced further drilling success by its Australian subsidiary in the Exmouth Plateau area, located in the Carnarvon Basin.

The Elfin-1 exploration discovery well encountered approximately 132 ft (40 m) of net gas pay in the upper Mungaroo sands. It is Chevron’s 21^st discovery offshore western Australia since mid-2009.

Located in the WA-268-P permit area, the well is located approximately 106 miles (170 km) northwest of Barrow Island and was drilled in 3570 ft (1088 m) of water to a total depth of 11,909 ft (3630 m).

“Elfin-1 is a demonstration of our continued industry leading exploration success,” said George Kirkland, vice chairman, Chevron Corporation. “These discoveries build a platform for future growth for Chevron.”

Melody Meyer, president, Chevron Asia Pacific Exploration and Production Company said, “This remarkable series of exploration discoveries in the Carnarvon Basin has created a robust gas portfolio in Australia. The growth of this portfolio positions the company to supply future LNG demand in the Asia Pacific region.”

Chevron Australia is the operator of WA-268-P with a 50% interest while Shell Development Australia and Mobil Australia Resources each hold a 25% interest.

Adapated from press release by Peter Farrell.

Read the article online at: https://www.oilfieldtechnology.com/exploration/24042013/chevron-discovers-gas-in-exmouth-plateau-area/