Woodside as Operator of the Browse Joint Venture is progressing floating liquefied natural gas (FLNG) as the preferred development concept to commercialise globally significant resources in the Browse Basin, located approximately 425 km offshore north of Broome in Western Australia.
The Brecknock, Calliance and Torosa fields - which are collectively known as the Browse resources – are estimated to contain gross (100%) contingent resources (2C) of 15.4 Tcf of dry gas and 453 million barrels of condensate1.
In September 2013, the Browse Joint Venture participants selected FLNG as the preferred development concept for the Browse resources, marking the start of the Basis of Design (BOD) phase.
FLNG provides a technically innovative solution to developing the remote, offshore Browse gas fields. It combines the functions of an offshore gas receiving facility, with gas treatment and liquefaction plant, as well as storage and offloading facilities.
The BOD phase will determine the basic design parameters of the development concept, which is premised on three FLNG facilities located in Australian waters. This concept utilises Shell’s FLNG technology and Woodside’s offshore development expertise.
The FLNG facilities will require supply chain infrastructure during both installation and operational phases, which will lead to ongoing employment and contracting opportunities. Principal marine operations, materials handling and aviation support will be conducted from within Australia.
Woodside has completed basis of design (BOD) as well as key pre-front-end engineering and design (FEED) work for the proposed development and is now progressing additional strategic activities. Woodside anticipates that the development will be in a position to enter the FEED phase in mid-2015 and is targeting a final investment decision (FID) in 2016.
The proposed Browse FLNG Development is a mega-project estimated to deliver billions of dollars in government revenue, and approximately 1000 direct jobs during its 40-50 year operations, creating substantial local opportunities.
|Lease/permit interests |
|TR/5 and R2|
|WA-28-R, WA-29-R, WA-30-R, WA-31-R and WA-32-R|
Offshore 425 km north of Broome, Western Australia
350 - 700 m
15.4 Tcf of dry gas and 453 MMbbl of condensate1
Torosa - 1971
Brecknock - 1979
Calliance - 2000
Shell (Australia) Pty Ltd
BP Developments Australia Pty Ltd
Japan Australia LNG (MIMI Browse) Pty Ltd
PetroChina International Investment (Australia) Pty Ltd
|Status:||Completed technical elements of BOD and key pre-FEED work, targeting FEED entry in mid-2015 and a final investment decision (FID) 2016.|
1 Contingent resources are those quantities of petroleum estimated, as of a given date, to be potentially recoverable from known accumulations, but the applied project(s) are not yet considered mature enough for commercial development due to one or more contingencies. Contingent resources may include, for example, projects for which there are currently no viable markets, or where commercial recovery is dependent on technology under development, or where evaluation of the accumulation is insufficient to clearly assess commerciality. Woodside reports Contingent resources net of the fuel and flare required for production, processing and transportation up to a reference point and non-hydrocarbons not present in sales products. Contingent resources estimates may not always mature to reserves and do not necessarily represent future reserves bookings. All Contingent resource volumes are reported at the ‘Best Estimate’ (P50) confidence level.