The well discovered 375 feet (115 meters) of net gas pay.
Chevron also made a discovery with the Kentish Knock-1 well. Drilled in about 4,000 feet (1,200 meters) of water to a total depth of about 8,300 feet (2,500 meters), the well encountered about 110 feet (34 meters) of net gas pay. The discovery at the Kentish Knock prospect is located about 185 miles (300 kilometers) from the Western Australian coastline.
“These two gas finds add to Chevron’s significant gas interests in Australia,” said George Kirkland, executive vice president, Global Upstream and Gas, Chevron. “Our exploration success, combined with our development plans for our Gorgon and Wheatstone projects, underpin our future growth prospects in Australia.”
The Clio-2 well is in the WA-205-P permit area. It is located near the Clio-1 discovery made by Chevron in 2006. Chevron is the operator with 66.66% interest while Shell Development (Australia) holds the remaining interest.
