Chevron hits again offshore Australia

Aug. 16, 2010
The Acme-1 wildcat offshore Western Australia found 896 ft (273 m) of net gas pay according to Chevron.

Offshore staff

SAN RAMON, California – The Acme-1 wildcat offshore Western Australia found 896 ft (273 m) of net gas pay according to Chevron. The well, in WA-2050-P about 93 mi (150 km) offshore Onslow, Australia, in 2,880 ft (878 m) water depth was drilled to 15,469 ft (4,717 m).

"In terms of net gas pay, Acme-1 is one of our most significant natural gas discoveries in Australia,” says George Kirkland, vice chairman, Chevron. “As our ninth and largest offshore discovery in Western Australia in the last 12 months, it underscores the quality of our drilling program and our commitment to technical excellence and safe operations."

Chevron is operator with 67% interest and Shell Development (Australia) has the remainder.

08/16/2010