In Resources

Western Australia Minister for Mines and Petroleum Norman Moore

Chevron Natural Gas Discovery Adds Strength To State’s Resource Future

Victor P Taffa

The Latest Natural Gas Discovery off the Western Australian Coast is further evidence of the State’s World-Class Natural Gas Resources, Mines and Petroleum Minister Norman Moore said today.

The discovery, made in the Exmouth Plateau area of the Carnarvon Basin, about 350 km north-west of Onslow and announced by Chevron today, is the company’s second major find in the past month.

“This discovery by Chevron once again highlights the extraordinary potential of WA’s Gas Fields.” Mr. Moore said.

“This latest find ads to the State’s already considerable international reputation in the petroleum industry and will only add to the value of WA’s Oil and Gas Industry.”

 

 

“With Projects worth approximately $120 Billion either committed or under consideration, WA’s Oil and Gas Industry is going from strength to strength.”

In a statement the company said the discovery was located in Australia’s Premier Hydrocarbon Basin, where Chevron is a leading lease holder.

Chevron Asia Pacific Exploration and Production President Jim Blackwell said the discovery would expand the resource potential of the Carnarvon Basin frontier and demonstrated the company’s long-term plans to develop Australia’s natural gas resources.

The Brederode-1 exploration well is located within the WA-364-P Permit Area and situated in 1,387 m of Water.

Chevron holds a 50:50 interest in WA-363-P with Shell Development.

0

Start typing and press Enter to search