Woodside
approves Enfield development
Posted: 19 March 2004
Woodside Energy will proceed with its Enfield oil development off
the coast of Western Australia following the final investment decision
by the Woodside Board today to invest A$1.48 billion in the project.
The Enfield Project is in permit WA-271-P, about 40km north-west
of the North West Cape in Western Australia. Enfield has reserves
of more than 125 million barrels of oil.
Woodside holds 100 per cent of the permit and is operator.
Woodside’s Oil Business Unit Director, Dr Duncan Clegg, said
the Board’s decision was the most significant milestone so
far in the development of Enfield.
“We now have all of our major environmental, government and
project approvals in place and are well positioned to bring the
field into production by the fourth quarter of 2006,” he said.
“The development will be our first production in the Exmouth
region, with initial output planned at about 100,000 barrels a day,
and will provide growth potential through the tie-back of nearby
discoveries such as the Laverda field and future regional discoveries.”
Enfield was discovered in March 1999. Four further appraisal wells
were drilled on the field up to November 2002.
The development will include five production wells and six water
injection wells for reservoir pressure support with flowlines to
a disconnectable floating production, storage and offloading vessel
moored over the field in about 400 metres of water. Surplus gas
not required for fuel will be returned to the reservoir via two
gas injection wells.
The floating production, storage and offtake vessel will be owned
and operated by Woodside.
It will be a new, double-hull Suezmax-type trading tanker with
topsides of 8000 tonnes and will be built by Samsung Heavy Industries
in South Korea.
It will have a dead weight of about 150,000 tonnes and will be
about 270 metres long. It will have a storage capacity of 900,000
barrels and will discharge oil to trading tankers with capacity
of about 550,000 barrels.
The Technip Subsea 7 Enfield Joint Venture will do offshore installation
work and supply subsea flowlines and dynamic risers. Subsea hardware
will be supplied by FMC. Topsides’ engineering and procurement
services are being managed in Perth by the Fluor Amec Joint Venture.
For more information see www.woodside.com.au

Posted by Richard Price,
Editor Pipeline Magazine
Information supplied by companies
or PR agencies who are responsible for content. Send press releases
to info@pipelinedubai.com |