HOUSTON, Dec. 27 -- The North West Shelf Venture began production 3 months ahead of schedule from the Echo-Yodel fields northwest of Dampier, Western Australia, said operator Woodside Energy Ltd. Thursday.
Woodside also said the project was within its $205 million (Aus.) budget but did not reveal the exact cost.
Echo and Yodel, on WA-28-P 23 km southwest of the Goodwyn A platform, will add 37 million boe to the joint venture's production over the project's life of 4-5 years.
Two subsea production wells are tied back to the Goodwyn platform via a 12-in. pipeline. Peak production is expected to reach 30,000 b/d of condensate and 300 MMscfd of gas.
Echo-Yodel production will be commingled with Goodwyn production, helping to compensate for Goodwyn's decline.
The six partners in the venture believe Echo-Yodel has reserves of 37 million bbl of condensate and 400 bcf of gas (OGJ Online, Sept. 28, 2001).
