The Woodside Petroleum Ltd.-led North West Shelf Project joint venture has started gas production from its Greater Western Flank Phase 2 project off Western Australia.
Woodside’s Chief Executive Officer Peter Coleman said GWF-2 had been delivered $630 million (Aus.) below the initial estimate of $2 billion and 6 months ahead of schedule.
GWF-2 is about 135 km northwest of Dampier and includes eight subsea wells from six offshore fields: Keast, Dockrell, Sculptor, Rankin, Lady Nora, and Pemberton. The wells have been tied back to the existing Goodwyn A platform via a 35-km corrosion-resistant subsea pipeline.
Construction began following a final investment decision on the project in December 2015.
Coleman said the GWF-2 will extend the life of the Karratha gas plant on the Burrup Peninsula and contribute to Woodside achieving a targeted production of 100 million boe in 2020.
He added that the next phase of growth includes the proposed developments of the Scarborough and Browse offshore gas resources, which are part of the company’s vision to unlock the future value of the Karratha gas plant and Pluto LNG.
Woodside, BHP Billiton, BP Developments Australia, Chevron Australia, Japan Australia LNG (MIMI) and Shell Australia are all equal participants in the NWS Project JV, each with 16.67% interest.