Chevron reports deepwater natural-gas discovery

Energy company Chevron has announced a new deepwater natural-gas discovery in a Chevron-operated block in the Carnarvon Basin on offshore Western Australia, the country’s premier hydrocarbon basin.

The Clio-3 discovery well is located in the WA-205-P permit area, approximately 90 miles (150km) northwest of Onslow.

Situated in 3,186ft (971m) of water and drilled to a depth of 14,137ft (4,309m), the well penetrated approximately 260ft (79m) of net gas pay.

Clio-3 marks the third consecutive discovery on the Clio structure.