Peter Coleman, the CEO of Woodside, claims that the project has delivered AUS$630 million below the expected cost of approximately AUS$2 billion (100% basis) and six months ahead of schedule.
Coleman said: “The project team has done an outstanding job executing and delivering GWF-2, which 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 our targeted production of 100 million boe in 2020.
“This success has been achieved by combining the two GWF-2 drilling campaigns, accelerating project work packages and collaborating closely with our contractors.
“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.
“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.”
The GWF-2 project is located in Commonwealth waters approximately 135 km northwest 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. According to the statement, the final investment decision (FID) for the project was taken in December 2015.
Read the article online at: https://www.lngindustry.com/liquefaction/25102018/greater-western-flank-phase-2-commences-production/