News listings

energy-pedia general news

Woodside announces second quarter report for period ended 30 June 2019

18 Jul 2019

Photo - see caption

Performance highlights

  • Delivered sales revenue of $738 million and production of 17.3 MMboe.
  • Achieved strong LNG production performance from North West Shelf.

Delivering a clear plan across three horizons

  • Commenced offshore commissioning for the Greater Enfield project.
  • Approved the Browse to NWS Project basis of design with the Browse Joint Venture.

Woodside CEO Peter Coleman said delivery of the Greater Enfield Project is on track following the commencement of offshore commissioning during the quarter.

'The team has done an outstanding job delivering the project, which is on schedule and budget. We restarted production from the Vincent wells in July and are working towards startup of the Greater Enfield wells within the coming weeks.

'Additionally, the Browse Joint Venture approved the basis of design for the Browse to NWS Project in May 2019, and we have recently taken further steps towards securing key regulatory and environmental approvals for both the Browse to NWS Project and the proposed Scarborough development.

'These two projects underpin our growth strategy to unlock the future value of the North West Shelf and Pluto LNG facilities, as part of our vision for the Burrup Hub.

'Production and sales revenue were lower compared with the previous quarter due to the major turnaround at Pluto LNG. We delivered strong LNG production from both North West Shelf, where we have optimised performance of the LNG trains, and Wheatstone LNG which achieved record daily LNG production. Our exploration drilling activities for 2019 are complete,' he said.

Click here for full announcement and Presentation

Source: Woodside

Bookmark and Share

A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.

Subscriber Only Deals

Current Deals

Current Upstream Deals: 361

Completed Deals

Completed Upstream Deals: 5520

Company Profiles

Current Company Profiles: 2730

Corporate Activity

Current Corporate Activity articles: 3517

Companies Looking

Current number of articles: 440

Company Sales

Current Company Sales articles:1426


Current Geostudies articles: 742

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...

energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...

energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...


Subscribe to the FREE
energy-pedia Daily Newsletter

SLR Consulting logo
Rose & Assocs 149
KL Publishing
Government of South Australia
Union Jack Oil 149
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans

Tel: +44(0)1727 822675