Asset Report
Prelude FLNG - upstream
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Prelude FLNG is a floating LNG facility around 220 kilometres off the coast of Western Australia. The Prelude FLNG was one of the world's first large-scale (over 1.5 mmtpa) FLNG facilities. It has a design capacity of 3.6 mmtpa of LNG, 0.4 mmtpa of LPG, and 1.3 mmtpa of condensate. The Prelude FLNG project comprised of both the FLNG facility and the Prelude field subsea development. FID was taken in 2011, and the first LNG cargo was shipped in 2019. The FLNG is supplied with feedgas from the Prelude field. Crux is the primary backfill for the Prelude field and is expected to come onstream in 2027. The Bratwurst and Concerto gas fields will likely be future backfills. Crux, Bratwurst, and Concerto are all owned and/or majority operated by Shell. The Concerto field lies on the same licence as Prelude and its potential development is covered by this report.
Table of contents
- Key facts
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Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
- Well data
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Exploration
- Initial drilling campaign
- Second drilling campaign
- Reserves and resources
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Production
- Gas
- Liquids
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Development
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Upstream development
- Wells
- Subsea
- Supplier information
- Prelude FLNG
- Development timeline
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Upstream development
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Costs
- Sunk Costs
- Capital Costs
- Operating Costs
- Sales contracts
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Fiscal and regulatory
- Upstream
- PRRT
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Corporate income tax
- Downstream corporate income tax
- 2 more item(s)...
Tables and charts
This report includes the following images and tables:
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Key facts: Table 1Index MapDetail Map
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Participation: Table 1Well data: Table 1Reserves and resources: Table 1Cash flowEconomic analysis: Table 2Economic analysis: Table 3Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026
- 8 more item(s)...
What's included
This report contains:
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