Chevron Corporation reported further drilling success by its Australian subsidiary in the Greater Gorgon Area, located in the Carnarvon Basin, a premier hydrocarbon basin.

The Satyr-4 exploration discovery well confirmed approximately 220 feet (67 meters) of net gas pay. The well is located in the WA-374-P1 permit area approximately 75 miles (120 kilometers) northwest of Barrow Island, off the Western Australian coast. The well was drilled in 3,570 feet (1,088 meters) of water to a total depth of 15,023 feet (4,579 meters).

"This latest discovery is a further demonstration of how we are achieving superior success from a focused and high-impact exploration program in a key hydrocarbon basin,' said George Kirkland, vice chairman, Chevron Corporation.

Tags: Chevron Corporation