Chevron’s Satyr-4 well has confirmed gas pay

Chevron Corp. has had further drilling success in the Greater Gorgon Area.

The Satyr-4 exploration discovery well confirmed approximately 220 ft (67 m) of net gas pay. The well is located in the WA-374-P permit area approximately 75 miles (120 km) northwest of Barrow Island, off the Western Australian coast. The well was drilled in 3570 ft (1088 m) of water to a total depth of 15,023 ft (4579 m).

Melody Meyer, president, Chevron Asia Pacific Exploration and Production Company, said, "Satyr-4 further underscores Chevron's continuing success in this prolific block and supports our long-term growth plan for the Gorgon Project, and our goal to be a leading LNG supplier to the Asia Pacific region."

Chevron Australia is the operator of WA-374-P with a 50% interest while Shell Development (Australia) Pty Ltd and Mobil Australia Resources Company Pty Limited each hold 25%.

Adapted from press release by Peter Farrell.

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