Shell Australia said Dec. 20 its Bratwurst -1 exploration well made a “significant” gas and condensate discovery in the Browse Basin offshore Western Australia.
The discovery was located within title AC/P64 about 160 km (99 miles) northeast of the Shell-operated Prelude floating LNG facility.
“Gas is a core component of our strategy to provide more and cleaner energy solutions,” Zoe Yujnovich, executive vice president of Shell Australia, said in a statement Dec. 20. “Today’s announcement shows how, through exploration, we are building a strong pipeline of discoveries to support our assets in Western Australia.”
Shell said the discovery could be developed as a tieback to Prelude.
The deal would create the largest pure-play northern Midland Basin E&P with a 73,000-net-acre position and 12,000 boe/d of production that is expected to more than double through 2020.
The March 20 lease sale in the U.S. Gulf of Mexico brought in $244.3 million in high bids.
Repsol will still hold a 51% stake in the block after the deal.