The North West Shelf Venture is Australia’s largest resource development, accounting for more than 40 per cent of Australia’s oil and gas production.
The gas fields of the North West Shelf are located in the Indian Ocean about 140 kilometres north-west of Dampier. We have approximately a 1/6th interest in the joint venture which is operated by Woodside.
Oil, gas and liquified natural gas (LNG) are produced in the North West Shelf fields. Natural gas is supplied to Western Australia via a pipeline and LNG is exported to international markets.
The North West Shelf facilities are subject to ongoing investment to ensure safe and reliable operations and the participants have also invested in new facilities to secure a long-term future.
Great Western Flank projects
The North West Shelf Venture is investing in a series of projects to develop 16 fields known collectively as the Greater Western Flank. Phase one saw the development of the Goodwyn GH and Tidepole fields, with gas first delivered in 2015. Phase two of the project was approved in 2015. Gas delivery is expected to commence in 2019 from five wells followed by three more wells in 2020.
Development of the Persephone field was approved in 2014 with an expected start date of mid-2017.