Woodside First Quarter Report for Period Ended 31st March 2018
Thursday 19 April 2018
Highlights of the report are:
Outstanding base business
- Delivered higher quarter-on-quarter production of 22.2 MMboe and sales revenue of $1,169 million.
- Achieved steady production from Wheatstone Train 1, demonstrating production rates above nameplate capacity.
Delivering a clear plan across three horizons
- Completed the acquisition of an additional 50% interest in Scarborough.
- Nearing completion of Wheatstone Train 2 with first LNG expected in Q2 2018.
- Released invitation to tender packages to pre-qualified contractors for the FPSO facility, supporting subsea infrastructure and drill rig for the SNE Field DevelopmentâPhase 1, offshore Senegal.
- Executed LNG sales and purchase agreements for up to 12 cargoes.
- Encountered oil in two exploration wells, offshore Gabon.
- Executed A$2.5 billion entitlement offer.
The full report can be found here, https://woodsideannouncements.app.woodside/18.04.2018+First+Quarter+2018+Report.pdf