Shortly after the successful drilling at Achilles – 1 well in Western Australia’s Carnarvon Basin, Chevron Corp., the second-largest US energy producer, has found more gas in their Satyr -1 well in the same region encouraging them to invest more in this area.

Chevron has already planned over a dozen LNG projects in Western Australia in tune with the rising demand in Asia for cleaner alternative fuel. The largest project is the $43 billion Gorgon venture partnered with Exxon Mobil Corp. and Royal Dutch Shell Plc. Gas for Gorgon will be piped to Barrow Island for processing into liquid form from fields 130 to 200 kilometers (81 to 124 miles) off the coast, according to the project's Web site. In fact, with the project set to start exporting LNG in 2014 from three five-million-metric-tons-a-year processing units, it may even necessitate the addition of a fourth and fifth train at the Barrow Island site.

Jim Blackwell, President of Chevron Asia Pacific Exploration and Production, is quite proud of the accomplishment which he feels speaks highly of Chevron's exploration capability in the region and the significance of Australia to Chevron's energy portfolio.

It’s probably these developments that have coerced rival Woodside Petroleum to boost its own explorations in the $13 billion Pluto LNG project in the same region.