Woodside Operational Update
Thursday 19 January 2017
WHEATSTONE:
First LNG from Train 1 is expected in mid-2017 and from Train 2 six to eight months later.1
All Train 1 and Train 2 modules are set on their foundations. Installation of
piping, electrical and instrumentation continues as planned.
The storage and loading system is ready for commissioning and cool-down,
with the LNG storage tanks and export loading jetty now complete.
Woodside’s forecast 2017 capital expenditure for Wheatstone and Julimar
Projects is approximately US$370 million, consistent with previous guidance.
GREATER WESTERN FLANK:
The final GWF-1 project wells at Tidepole delivered first gas in Q4 2016.
The project was completed ahead of schedule and under budget.
PERSEPHONE:
The project remains on budget and schedule for start-up in Q3 2017.
At the end of the quarter, progress was 89.8% complete versus 84.2% planned.
The project completed the reservoir drilling and completions campaign and commenced subsea installation.
GREATER ENFIELD:
The project remains on budget and schedule for first oil in mid-2019.
At the end of the quarter, progress was 8.6% complete versus 6.4% planned.
The manufacture of subsea equipment has commenced.