Rick Wilkinson
OGJ Correspondent
MELBOURNE, July 29 -- Woodside Energy Ltd., Perth, has signed an option agreement with the Broome Port Authority to lease 15 hectares of land as a service and support base for its proposed Browse LNG development off Western Australia.
Woodside has an option period of 3 years in which to execute the minimum 25-year lease.
The Browse fields include Torosa, Brecknock, and Calliance, which lie about 425 km north of Broome. Combined contingent resources are estimated at 14 tcf of dry gas and 370 million bbl of condensate.
Woodside is still considering the type of facilities it will need to develop the field and where they will be located.