The North West Shelf Venture is Australia’s largest resource development, accounting for around one third 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.
Production started from the Persephone gas field, located 135 km north west of Karratha, Western Australia in 2017. The $1.2 billion Australian dollar ($1.5 US dollar) Persephone project is expected to produce around 50,000 barrels of oil equivalent per day and is a two well 7km subsea tieback from the Persephone field to the existing North Rankin complex (NRC), in water depth of around 126 metres. The field is operated by BP’s partner, Woodside, and comprises the North Rankin A and North Rankin B platforms. The platforms are connected by two 100 metre bridges and operate as a single integrated facility. The NRC has a daily production capacity of up to 66,000 tonnes of dry gas and 6,000 tonnes of condensate from the North Rankin and Perseus fields.