Woodside hits off Western Australia

Woodside made a gas discovery at its Pyxis-1 exploration well in production license WA-34-L, offshore Western Australia.

Map of WA-34-L. From Woodside.
 

The well intersected approximately 18.5m of net gas within the Jurassic sandstone targe at a total depth of 3347m. Wireline logging has confirmed the discovery through the recovery of gas samples to surface and establishment of a gas pressure gradient.

“Given its location, this successful exploration outcome offers future tie-back potential to Woodside’s existing Pluto infrastructure,” says Philip Loader, Woodside VP for global exploration.

Pyxis-1 is located in production license WA-34-L, within Western Australia’s Dampier sub-basin and is located approximately 15km north of Woodside’s producing Pluto Gas Field infrastructure.

Woodside Burrup is the operator of WA-34-Land with 90% interest. Partners include Kansai Electric Power Australia, and Tokyo Gas Pluto, each with 5% interest.

Last month, the Australian Competition and Consumer Commission (ACCC) said that it will not oppose Woodside's proposed acquisition of Apache's interests in Wheatstone, Balnaves, and Kitimat projects. 

Woodside announced its plan to purchase Apache's interests it the projects for an aggregate purchase price of US$2.75 billion and an expected closing adjustment of approximately $1.0 billion.

Image: Map of Pyxis-1. From Woodside.

Read more:

ACCC good with Woodside, Apache deal

Woodside buys Apache LNG stakes

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