Western Gas acquires Equus gas project

Newly-formed Western Gas has acquired the undeveloped Equus gas project in the North West Shelf of WA from US energy company Hess.

Western Gas has acquired four permits and a retention lease, including 11 gas and condensate fields, about 200km north-west of Onslow.

“The Equus Gas Project is development-ready with exploration and appraisal already completed, engineering activities at an advanced stage and, with a resource of more than 2 Tcf, enough gas to supply one quarter of Western Australian domestic gas demand for more than 20 years,” Western Gas executive director Andrew Leibovitch said.