Husky outlines near-term offshore targets

May 29, 2019

Offshore staff

CALGARY, CanadaHusky Energy plans to raise its global production by around 100,000 b/d through 2023, the company revealed in its updated five-year plan.

Offshore investments will be directed on growing high-netback gas production offshore China and Indonesia and completing construction of the West White Rose facilities offshore Newfoundland, where first oil is likely late in 2022.

Once subsea installations have been completed at the Liuhua 29-1 field development in the South China Sea, first gas should flow around the end of 2020. Husky has a 75% working interest in the field.

Another target is advancing the MDA-MBH and MDK gas developments offshore Indonesia. First production is now expected in 2021.

Major project schedule
Capacity (Net)
Startup
China – Liuhua 29-1
45 MMcf/d, 1,800 b/d
2020
Indonesia – MDA-MBH, MDK
10,000 boe/d
2021
Canada – West White Rose
52,500 b/d
2022

05/29/2019