Australian LNG player Woodside said Thursday that the Greater Western Flank Phase 2 project off the north-west coast of Australia has started gas production.
GWF-2 project is part of the of the Woodside-operated North West Shelf (NWS) project.
The project is located in Commonwealth waters about 135 km north-west of Dampier and includes eight subsea wells from six offshore fields (Keast, Dockrell, Sculptor, Rankin, Lady Nora and Pemberton), tied back to the existing Goodwyn A platform by a 35 km corrosion resistant subsea pipeline.
The final investment decision on the project was taken in December 2015.
Woodside head Peter Coleman said in a statement the project has been delivered $630 million below the expected cost of about $2 billion and six months ahead of schedule.
The project represents the next phase in gas supply to the NWS Goodwyn A platform, extending the life of the Karratha gas plant and contributing to Woodside achieving its targeted production of 100 MMboe in 2020, he said.
“The capabilities demonstrated on the GWF-2 project will be carried forward as we embark on our next phase of growth, including our proposed developments of the Scarborough and Browse offshore gas resources,” Coleman said.
“The Scarborough and Browse projects are part of our vision for the Burrup Hub, which would unlock the future value of the Karratha gas plant and Pluto LNG,” he added.
The NWS project participants are: Woodside (16.67%), BHP Billiton (16.67%), BP Developments Australia (16.67%), Chevron Australia (16.67%), Japan Australia LNG (16.67%), and Shell Australia (16.67%).