North West Shelf Venture is a producing conventional gas field located in shallow water in Australia and is operated by Woodside Energy Group. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block WA-28-P, WA-2-L, WA-23-L, WA-1-L, WA-3-L, WA-5-L, WA-16-L, WA-53-L, WA-6-L, WA-4-L, WA-56-L, WA-52-L, WA-57-L, and WA-58-L, with water depth of 419 feet. Buy the profile here.
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Two expansion projects are associated with the North West Shelf Venture conventional gas field, namely the South Goodwin and the NWS growth opportunities. The expansion projects are currently in the feed and feasibility stage, targeting start-up during 2025 – 2026.
Field participation details
The field is owned by BP, Chevron, Mitsubishi, Mitsui, Shell and Woodside Energy Group.
Production from North West Shelf Venture
The North West Shelf Venture conventional gas field recovered 88.05% of its total recoverable reserves, with peak production in 2010. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047. The field currently accounts for approximately 13% of the country’s daily output.
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Contractors involved in the North West Shelf Venture conventional gas field
Some of the key contractors involved in the North West Shelf Venture project as follows.
Design/FEED Engineering: John Wood Group
Main EPC: John Wood Group
Other Contractors: John Wood Group, Monadelphous Group and Sapura Energy
About Woodside Energy Group
Woodside Energy Group Ltd (Woodside), formerly Woodside Petroleum Ltd, is an independent oil and gas company that explores, develops, produces, and supplies energy. It explores and produces oil and gas from a portfolio of facilities in association with some of the world’s major oil and gas companies. The company operates liquefied natural gas trains, offshore gas platforms, and oil floating production storage and offloading (FPSO) vessels. Woodside also operates a network of subsea and pipeline infrastructure in Australian waters. Woodside maintains international exploration assets in Asia Pacific, Africa, the Americas and Europe. Woodside is headquartered in Perth, Western Australia, Australia.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
