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Woodside makes gas discovery at Alaric-1 exploration well

LNG Industry,

Woodside Petroleum advises that the Alaric-1 exploration well in permit WA-434-P has intersected approximately 185 m gross gas over several zones within the Triassic target.

If the well proves commercially viable it could give new impetus to plans for a second train to be built at Woodside’s AU$ 13 billion Pluto LNG project. Currently the plant has a planned capacity of 4.3 million tpa, to be completed by late 2010; the addition of a second train would raise capacity to 8.3 million tpa of LNG

Initial analysis of drilling fluids suggests the gas could be comparatively liquids rich, but this requires confirmation by further analysis.

Alaric-1 is currently being deepened to ensure the full gas column is penetrated. Subsequent to drilling, wireline logging will be conducted to recover gas samples and the well will be plugged and abandoned as planned.

The Alaric-1 well is 100% owned by Woodside and is located in Woodside’s Claudius hub and significantly extends the area of the known gas province in the Greater Carnarvon Basin.

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