Marine Link
Sunday, September 25, 2016

WAPET Makes Gas Discovery

October 15, 1999

Western Australian Mines Minister Norman Moore announced last week that West Australian Petroleum Pty Ltd (WAPET) had made a significant gas discovery in its deepwater exploration area off the state's northwest coast. Moore said the Geryon 1 well was drilled in exploration area WA 267-P, operated by WAPET. "Preliminary estimates suggest that the field contains a world-class gas resource," he said. "Geryon potentially provides an additional large gas reserve boosting the source base of the nearby Gorgon area gas fields." A WAPET spokesman said the well was the second in a seven well drilling program in the permit area. The first well was Euryale and drilling of the third well was underway. Other stakeholders in WA-267-P are local units of Texaco Inc and Mobil Corp. that each have 25 percent. Units of BP (BP) Amoco and Royal Dutch/Shell each have 12.5 percent.


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