Basin review, Carnarvon Basin, LNG, Markets, Offshore, Projects

Chevron discovers new Gorgon gas source, begins WA redundancies

Isosceles-1, located in WA-392-P, encountered approximately 134 m of net gas pay in the Triassic Mungaroo Sands in 968 m of water.

The well fulfilled the second year work commitment in the exploration program.

Chevron Australia is the operator of WA-392-P with a 50 per cent interest, while Shell Australia and Mobil Australia Resources each hold a 25 percent interest.

The Gorgon Project is currently around 90 per cent complete, and on track for first LNG in mid-2015.

Joint venture interests in the project include Chevron (operator, 47 per cent), ExxonMobil (25 per cent), Shell (25 per cent), Osaka Gas (1.25 per cent), Tokyo Gas (1 per cent), and Chubu Electric Power (0.417 per cent).

Redundancies underway

Meanwhile, Chevron has begun making reductions to its WA workforce as construction work on the project winds down.

“We have been getting ready for LNG production for a number of years now,”? a Chevron spokesperson said.

“As expected, the demands of our organisation will change as we move from investing in major capital projects to operations. This is the natural evolution of our business as we ramp up to build major capital projects and ramp down to become an efficient operator.”?

The spokesperson added that Chevron is currently recruiting and training operations personnel to work on Gorgon and Wheatstone. The Wheatstone Project continues to recruit for its construction workforce.

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