U.S. supermajor Chevron said it discovered natural gas in the deep waters off the western coast of Australia, its 12th discovery there since 2009.
Chevron said it discovered a natural gas pay measuring roughly 453 feet in around 4,800 feet of water off the coast of Western Australia. The well, Vos-1, was drilled to a depth of 12,461 feet.
"The find at Vos-1 represents our 12th offshore discovery in Australia since mid-2009," George Kirkland, vice chairman at Chevron, said in a statement. "Our successful drilling program offshore Western Australia demonstrates Chevron's global exploration capability."
In September, the Australian government issued a positive environmental assessment for the Wheatstone natural gas project. The Wheatstone project in Western Australia consists of facilities that could produce nearly 9 million tons of liquefied natural gas per year for Chevron.
Chevron has agreements to deliver around 700,000 tons of liquefied natural gas per year from Australia to Japanese energy companies.