Wheatstone on track for first LNG in mid-2017

Woodside Petroleum Ltd. has issued an update on its international exploration and development projects.

Offshore staff

PERTH, AustraliaWoodside Petroleum Ltd. has issued an update on its international exploration and development projects.

Offshore Australia, the company says the construction and commissioning work for theJulimar development, part of the Chevron-operated Wheatstone LNG project, was completed on schedule and under budget. The Wheatstone LNG storage tank one is ready for cooldown and all Train 2 modules are on-site. First LNG from Train 1 is expected in mid-2017, with first LNG from Train 2 expected six to eight months later.

Reservoir drilling and completion activities have started at thePersephone project. The subsea installation campaign is expected to begin in 4Q 2016. The operator says the project remains on budget and schedule for start-up in 2H 2017.

TheGreater Enfield project is in the execute phase following the final investment decision in June. Contracts have been issued for subsea engineering, procurement, construction, and installation, FPSO facility modifications, drilling rig, and subsea hardware. The company says a local content briefing was held last month as part of the project’s Australian Industry Participation Plan.

In addition, seismic reprocessing was completed in the Greater Enfield area. Woodside says this enables assessment of potential deeper oil and gas plays.

Manufacture and fabrication of pipeline and subsea hardware continues for the Greater Western Flank Phase 2 project. The reservoir drilling program is expected to begin in 4Q. The company says the project remains on budget and schedule.

As for the Browse development, a schedule of activities to enhance the viability of a commercial development is progressing. Woodside is targeting concept selection in 2H 2017.

The Kitimat LNG project joint venture is reviewing Woodside’s NextGen Technology as a potential development concept. The company says this technology has the potential to minimize the project’s environmental footprint and optimize costs.

Offshore Myanmar, following the Thalin-1A and Shwe Yee Htun-1 discoveries, the operator says planning continues for a minimum of four wells in 2017 across blocks AD-7 and A-6.

Off Gabon, processing of new multi-client 3D seismic data in the Luna Muetse block is expected to be completed in 4Q. Planning continues for drilling of an exploration well in the block in 2017/18.1. The company says processing of multi-azimuth, multi-client 3D seismic data in the Doukou Dak block is continuing. Initial interpretation suggests a sub-salt closure.

In Morocco, Woodside says the joint venture has submitted an application to enter the first extension period of the Rabat Deep offshore exploration permits I-VI. The application makes a commitment to drill an exploration well.

Offshore Ireland, the operators says theBréanann 3D seismic survey in FELs 3/14 and 5/14 was completed. Processing of data from both the Bréanann and Granuaile (LO 16/14) surveys is in progress.

The FEL 5/13 joint venture has applied to enter the second phase of exploration and commit to drill one exploration well. The Ventry prospect is being matured as a potential 2018 drill candidate in the license. The company says the current data sets across its five licenses in the Porcupine basin indicate multiple follow-up opportunities.

10/20/2016

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