Woodside Energy GWF-2 Commences Production

Laxman Pai
Thursday, October 25, 2018

Australian oil and gas company with a global presence  Woodside announced that the Greater Western Flank Phase 2 (GWF-2) Project off the north-west coast of Australia has commenced gas production.

A press release from the operator of the North West Shelf (NWS) project quoted its CEO Peter Coleman saying that  the project has been delivered $630 million below the expected cost of approximately $2.0 billion (100% basis) and six months ahead of schedule.

“The project team has done an outstanding job executing and delivering GWF-2, which represents the next phase in gas supply to the NWS Goodwyn A platform, extending the life of the Karratha Gas Plant and contributing to Woodside achieving our targeted production of 100 MMboe in 2020," he said.

This success has been achieved by combining the two GWF-2 drilling campaigns, accelerating project work packages and collaborating closely with our contractors, the release noted.

The capabilities demonstrated on the GWF-2 Project will be carried forward as we embark on our next phase of growth, including our proposed developments of the Scarborough and Browse offshore gas resources, it added.

“The Scarborough and Browse projects are part of our vision for the Burrup Hub, which would unlock the future value of the Karratha Gas Plant and Pluto LNG,” Peter said.

The GWF-2 Project is located in Commonwealth waters approximately 135 km north-west of Dampier and includes eight subsea wells from six offshore fields (Keast, Dockrell, Sculptor, Rankin, Lady Nora and Pemberton), tied back to the existing Goodwyn A platform by a 35 km corrosion resistant subsea pipeline.

The final investment decision on the project was taken in December 2015.

The NWS Project participants are: Woodside Energy Ltd (Operator, 16.67%); BHP Billiton Petroleum (North West Shelf) Pty Ltd (16.67%); BP Developments Australia Pty Ltd (16.67%); Chevron Australia Pty Ltd (16.67%); Japan Australia LNG (MIMI) Pty Ltd (16.67%); and Shell Australia Pty Ltd (16.67%).

Categories: Production Oil Gas Offshore Energy

Related Stories

TotalEnergies Inks 15-Year LNG Supply Deal with China's Jiangsu Guoxin

Baker Hughes Sets Up Global Network to Bolster Mature Oil and Gas Fields Production

Production Restart at Australian Offshore Fields Boosts Jadestone's Oil Output

ADES Lands New Offshore Drilling Rig Deals in Angola and Indonesia

CNOOC Starts Up Nine Oil and Gas Projects as Production Hits Record

QatarEnergy Signs Supply Deal for LNG from Woodside's Louisiana Project

Inpex Moves $21B Indonesian LNG Project Closer to Investment Decision

Seatrium Inks $390M Deal to Complete Four Offshore Rigs for Keppel’s Rigco

PTTEP, Eni Launch Joint Venture for ADNOC-Operated Ghasha Offshore Project

TGS to Reprocesses Seismic Data for Petronas’ Megah Discovery

Current News

TotalEnergies Inks 15-Year LNG Supply Deal with China's Jiangsu Guoxin

Baker Hughes Sets Up Global Network to Bolster Mature Oil and Gas Fields Production

Valaris Secures $600M in New Contracts as Backlog Rises to $4.8B

Production Restart at Australian Offshore Fields Boosts Jadestone's Oil Output

Aramco Targets Hormuz Bypass with East-West Pipeline Expansion

ADES Lands New Offshore Drilling Rig Deals in Angola and Indonesia

Shell to Exit Australia's North West Shelf Project in $1.45B Deal with XRG

Aramco Third Quarter Profit Up 35% Despite War Disruptions

Eni, Petronas JV Brings Indonesian Offshore Gas Field Online

CNOOC Set to Restore Production at Major South China Sea Gas Field

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com