Woodside reaps benefits of newly-revamped Vincent floater
Woodside says commissioning and ramp up of the Vincent field FPSO has progressed well since the vessel returned to its location offshore Western Australia.
It had been removed forshipyard maintenance and refurbishment.
Production rates since the re-start have reached more than 40,000 b/d. Other features resulting from the overhaul include enhanced sailing performance, and improved disconnection and reconnection reliability.
Work continues on the A$2.5-billion ($2.2-billion)Greater Western Flank Phase 1 project on the North West Shelf, with fabrication, drilling, and completion activities 63% complete. Woodside expects start-up in early 2016.
Front-end engineering activity is in progress on Persephone, the next major gas development for the NWS Project. This calls for a subsea tieback to the North Rankin complex (North Rankin A and North Rankin B). A final investment decision is due later this year.
On Jan. 6, the 4,050-sq km (1,564-sq mi) North West Shelf Fortuna 3D marine seismic survey began.
Offshore New Zealand, Woodside’s newly awarded permits 55793 in the Taranaki basin and 55794 in the Great South basin come into effect on April 1. The company has committed to3D seismic acquisition in the first year (late 2014/early 2015) with options for future drilling.