WDS 1.25% $28.31 woodside energy group ltd

It's actually an extension of their Jurassic 'D' sand reservoir...

  1. Ya
    6,809 Posts.
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    It's actually an extension of their Jurassic 'D' sand reservoir from Pluto#4 which is apprx 6 kms SW of the P'xis#1 disc. Avg phi is in the low-20's, so the gas usually flows like a whistle. It's a derisked block, as Wheatstone-3 is 8 kms to the east of Px-1 (has a Triassic Mungaroo reservoir). They needed this badly for a future hookup to Pluto, as Hess aren't selling them any juice & Wheatstone is catering to the Japanese mkt.

    Drillship will move towards Exmouth, to drill a horiz oil well Malaguti-1.
 
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