Texaco Announces Discovery Off Australia

Friday, February 02, 2001
Texaco announced two new gas discoveries in the Northern Carnarvon Basin, offshore Western Australia by joint ventures comprising Texaco, Chevron, ExxonMobil, Shell and BP. The Iago-1 well, located in Exploration Permit WA-25-P and the Io-1 well in Exploration Permit WA-267-P follow successful wildcat discoveries Geryon-1 (1999), Orthrus-1 (1999), Urania-1 (2000), Maenad-1 (2000) and Jansz-1 (2000) made by Texaco and its partners in the same area adjacent to the giant Gorgon gas field. The Iago-1 well was drilled to a total depth of 11,100 feet in a water depth of 387 feet. Wireline logs and formation tests have been run and indicate that a hydrocarbon column has been intersected in the Triassic Mungaroo Formation primary objective. The well was plugged and abandoned as a gas discovery on January 3rd. The Io-1 well was drilled to a total depth of 9,941 feet in a water depth of 4,436 feet. The well was plugged and abandoned as a gas discovery on January 14th. Both wells were drilled by the Marine 500 which is a `fit for purpose' deepwater drilling rig capable of operating in water depths up to 5,000 feet.
Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

AFBO to Provide Security in Arctic Waters

State of the Arctic Council to establish a new mechanism to strengthen operational cooperation and coordination of activities at sea. This is dictated by the

First Damen Twin Axe Workboat for Middle East

Damen Shipyards Group has delivered a Damen Fast Crew Supplier (FCS) 2610 workboat, named AOS SWIFT for the Atlantic Maritime Group on 20 August 2015. This is

Harkand: Expanding the Fleet, Growing a Global Business

International inspection, repair and maintenance (IRM) company Harkand aims to be a $1 billion company. MR’s Tom Mulligan recently met with John Reed, the company’s CEO,

Ports

Traders Scramble for Caribbean Crude Storage

Demand for crude storage in the Caribbean, one of the world's most important oil hubs, is rising as producers and traders try to ride out the worst price crash

APM Terminals Pipavav Starts New Ro/Ro Service

With 1,300 new Indian-built Ford automobiles loaded onto the Grand Dahlia on August 27th for delivery to Mexico, a new era for the Indian auto industry and Gujarat Port Pipavav commenced.

China Merchants Profit up 29pct

While China’s ports continue to face growth pressure, the country’s largest port operator is reaping the rewards of years of investments in overseas projects.   China

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3569 sec (3 req/sec)