Another Australian gas discovery

Feb 25, 1997 01:00 AM

Texaco and Chevron have discovered an additional natural gas field on the Gorgon/Chrysaor trend in the Carnarvon Basin offshore Western Australia. The new discovery well, Dionysus-1, was drilled in 3,583 ft (1,092 m) of water at a total depth of 14,492 ft (4,417 m), and tested two zones at a combined rate of 127 million cubic feet of gas per day.
Texaco said, "The positive results from Dionysus add significantly to Texaco's potential gas recovery offshore Northwest Australia, and offer further incentive for bringing the large Gorgon/Chrysaor assets to production as soon as possible."
Both the Dionysus field and a major portion of the Chrysaor gas field are located in block WA-253-P in which Texaco and Chevron hold a 50 % interest each. The remainder of Chrysaor and the highly prospective Gorgon gas field are owned by a consortium comprising Chevron, Texaco, Mobil and Shell (CTMS).
Plans for the area include the acquisition of additional seismic data in 1997, and that further exploratorydrilling is expected to follow.

Exploration Permit WA-253-P covers some 517,000 acres (2,091 sqkm) and was awarded to Texaco and Chevron on January 19, 1994, for an initial period of six years. The permit is operated by West Australian Petroleum Pty Ltd. (WAPET). Following acquisition of the permit, a 720 sqkm. 3-D seismic survey was acquired over the western part of the permit. Interpretation of the 3-D seismic data led to the selection of the Dionysus drilling location.

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