Chevron: Two New Natural Gas Discoveries off The Western Australia Coast
Chevron Pinhoe-1 Australian Offshore gas rig Chevron yesterday today announced it has achieved further drilling success by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, a premier hydrocarbon basin. The Pinhoe-1 exploration discovery well encountered approximately 197 feet (60 meters) of net gas pay in the Barrow and Mungaroo Sands. Pinhoe-1 is located in the WA-383-P permit area, located approximately 124 miles north of Exmouth off the Western Australia coast. The well was drilled in 3,048 feet of water to a total depth of 13,396 feet.