❓ Hon Robin Chapple questions the State Government's knowledge of alleged misreporting of Gorgon Joint Venture reserves by Shell, amidst a class action lawsuit. The Government acknowledges the issue but relies on ChevronTexaco's reassurance that reserve details remain unchanged.
AnsweredQoN 1674Legislative Council
QuestionView source ↗
With regard to Class Action Lawsuit against the Royal Dutch Petroleum Company and the Shell Transport and Trading Company for the misreporting of proved reserves of the project off the western coast of Australia called the Gorgon Joint Venture -
What knowledge does the State Government have over the misreporting of reserves by Shell and its Gorgon partners?
What knowledge does the State Government have over the misreporting of reserves by Shell and its Gorgon partners?
AnswerView source ↗
Answered
31 March 2004
Responded by
Parliamentary Secretary representing the Minister for State Development
Response time
29 days
The Government is aware that there is an issue relating to the manner in which Shell has reported parts of its global gas inventory for accounting purposes, including for the Gorgon project. The Gorgon project operator, ChevronTexaco has reassured the Government that the reserve details for the project remain unchanged. These details are contained on the Gorgon website as follows:- “In January 1999, international petroleum consultants, Netherland Sewell and Associates of Dallas Texas, independently certified that proven hydrocarbon reserves for the Gorgon area gas fields were 12.9 Tcf, including 9.6 Tcf for the Gorgon field itself. Proven and probable reserves exceed 17.5 Tcf and possible reserves extend the total to 22.3 Tcf.”
The Gorgon project operator, ChevronTexaco has reassured the Government that the reserve details for the project remain unchanged. These details are contained on the Gorgon website as follows:- “In January 1999, international petroleum consultants, Netherland Sewell and Associates of Dallas Texas, independently certified that proven hydrocarbon reserves for the Gorgon area gas fields were 12.9 Tcf, including 9.6 Tcf for the Gorgon field itself. Proven and probable reserves exceed 17.5 Tcf and possible reserves extend the total to 22.3 Tcf.”
“In January 1999, international petroleum consultants, Netherland Sewell and Associates of Dallas Texas, independently certified that proven hydrocarbon reserves for the Gorgon area gas fields were 12.9 Tcf, including 9.6 Tcf for the Gorgon field itself. Proven and probable reserves exceed 17.5 Tcf and possible reserves extend the total to 22.3 Tcf.”
The Gorgon project operator, ChevronTexaco has reassured the Government that the reserve details for the project remain unchanged. These details are contained on the Gorgon website as follows:- “In January 1999, international petroleum consultants, Netherland Sewell and Associates of Dallas Texas, independently certified that proven hydrocarbon reserves for the Gorgon area gas fields were 12.9 Tcf, including 9.6 Tcf for the Gorgon field itself. Proven and probable reserves exceed 17.5 Tcf and possible reserves extend the total to 22.3 Tcf.”
“In January 1999, international petroleum consultants, Netherland Sewell and Associates of Dallas Texas, independently certified that proven hydrocarbon reserves for the Gorgon area gas fields were 12.9 Tcf, including 9.6 Tcf for the Gorgon field itself. Proven and probable reserves exceed 17.5 Tcf and possible reserves extend the total to 22.3 Tcf.”
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