Asset Report
Wheatstone LNG - upstream
Report summary
Wheatstone LNG is a 10.4 mmtpa two-train LNG development which will be supplied from the Chevron-operated Wheatstone and Iago fields and the Woodside-operated Julimar and Brunello gas fields, located in the offshore Carnarvon Basin. A Final Investment Decision (FID) was taken in September 2011. First LNG was achieved in October 2017 and the second train was brought onstream in June 2018. Domestic gas production began in March 2019.
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
-
Participation
-
Wheatstone LNG
- Foundation agreement
- Equity split/unitisation
- Shell entry
- Equity agreements
- WA-46-L, WA-47-L, WA-48-L - Wheatstone/Iago
- WA-49-L - Julimar/Brunello
-
Wheatstone LNG
- Well data
-
Exploration
-
Wheatstone/Iago
- Iago
- Wheatstone
-
Julimar/Brunello
- Julimar
- Brunello
-
Wheatstone/Iago
-
Reserves and resources
- Wheatstone Trains 1 and 2
-
Production
- Emissions
-
Development
-
Upstream
- Key Development Metrics
- Platform summary
- LNG
- Domestic gas plant
- FEED/FID
-
Upstream
- Infrastructure
-
Costs
- Exploration Costs
- Capital costs
- Pre-FID
- Capex
- Abandonment Costs
- Operating Costs
-
Sales contracts
-
LNG
- Sales and Purchase Agreements (SPA)
- Domestic gas
-
LNG
-
Fiscal and regulatory
- Upstream
- PRRT
-
Corporate income tax
- Downstream corporate income tax
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- LNG Price
- Exchange rate
- Global Economic Model (GEM) file
- Economic analysis
Tables and charts
This report includes 26 images and tables including:
- Key facts: Table 1
- Index Map
- Wheatstone Project Detail Map
- Participation: Table 1
- Well data: Table 1
- Well data: Table 2
- Production: Table 1
- Production: Table 2
- Production Profile
- Infrastructure: Table 1
- Cash flow
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining PV Price Sensitivities
- Participation: Table 2
- Participation: Table 3
- Reserves and resources: Table 1
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
- Costs: Table 4
- Sales contracts: Table 1
What's included
This report contains:
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