JV to develop Legendre field off Australia

A consortium of three firms will shortly begin development of Legendre North and South oil fields on the North West Shelf off Western Australia. The move to develop the fields follows nearly 30 years after discovery of the reservoir now called Legendre North.Participants in the joint venture are: operator Woodside Energy Ltd., Melbourne (45.94%); Apache Energy Ltd., Houston (31.5%); and Santos Ltd., Adelaide (22.56%).The fields lie in 45-60 m of water on permit area WA-1-P, 60 miles north of the Burrup Peninsula and 20 miles southeast of Wanaea-Cossack oil fields (see map). Proved and probable reserves are estimated to be more than 40 million bbl. Click here to enlarge imageDevelopment i...

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