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Chevron Corporation
CVX today announced 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 (200 kilometers)
north of Exmouth off the Western Australia coast. The well was drilled in
3,048 feet (929 meters) of water to a total depth of 13,396 feet (4,083
meters).
The Arnhem-1 exploration discovery well confirmed approximately 149 feet (45.5
meters) of net gas pay in the upper Mungaroo Sands. Arnhem-1 is in the
WA-364-P permit area, located approximately 180 miles (290 kilometres) north
of Exmouth off the Western Australia coast. The well was drilled in 3,963 feet
(1,208 meters) of water to a total depth of 9,557 feet (2913 meters).
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