North West Shelf Venture

North West Shelf Venture leases and infrastructure

The North West Shelf Venture, situated in the north-west of Western Australia, is Australia's largest resource development project. It involves the extraction of petroleum (mostly natural gas and condensate) at offshore production platforms, onshore processing and export of liquefied natural gas, and production of natural gas for industrial, commercial and domestic use within the state.

Project

With investments totalling $25 billion since the early 1980s, the project is the largest resource development in Australian history.[1] In the late 1980s, it was the largest engineering project in the world.[2] The Venture is underpinned by huge hydrocarbon reserves within the Carnarvon Basin, with only about one-third of the Venture's estimated total reserves of 33 trillion cubic feet (930 km3) of gas produced to date.

Owned by an international consortium, the venture is composed of six partners each holding a one-sixth share in the project. These are: Perth-based Woodside Petroleum; BHP Billiton; BP plc; Chevron Corporation; Royal Dutch Shell plc (which also own 24% of Woodside through Shell Australia); a venture between Mitsubishi Corporation and Mitsui & Co. called Japan Australia LNG (MIMI) Pty Ltd. North West Shelf Gas Pty Ltd.[3] has a stake in the domestic gas phase of the project. Along with being a joint venture partner, Woodside is also the project operator on behalf of the other participants.

Assets

The venture currently has three currently active offshore facilities. A fourth, North Rankin B is under construction:

Commissioned in 1984, North Rankin A was the then-largest gas production platform in the world, capable of producing 1,815 million cubic feet (51,400,000 m³) of gas per day and up to 47,400 barrels per day (7,540 m3/d) of condensate. Modifications have increased the facility's capacity by 50% and it remains one of the world's largest gas platforms.[4]
It is located 135 km north-west of Karratha and can accommodate more than 120 people. It services 25 production wells in the North Rankin and Perseus fields.
At a cost of $2bn, the platform was, when commissioned in early 1995, the largest single offshore oil and gas investment ever made in Australia.
In late 2001, the Goodwyn platform was linked to the Echo/Yodel gas and condensate fields via a 23 km 12-inch (300 mm) pipeline. Hydrocarbons from the Goodwyn field are transferred via a subsea pipeline to North Rankin before being transported to Karratha for processing. It is designed for up to 30 production wells (19 currently), including five re-injection wells. It accommodates 137 people.
It has a production capacity of 32,000 tonnes of gas per day.
The facility was commissioned in late 1995 and produces up to 50,000 barrels per day (7,900 m3/d)[5] of crude oil which is offloaded via a flexible line to oil tankers moored astern. Located 34 km east of the North Rankin A platform, it is moored to a riser turret which is connected by flexible flowlines to subsea production wells at the Wanaea, Cossack, Lambert and Hermeson gas fields.
It has a storage capacity of 1.15 million barrels (183,000 m3) of oil and a production capacity of 150,000 barrels (24,000 m3) of oil per day.
In May 2008, Woodside announced plans to replace the 13-year-old vessel with a view to extending oil output to 2025-2030.[5]

The condensate is transported to the Burrup Peninsula (Murujuga) onshore facility on the mainland 130 km away by two 42-inch (1.1 m) and 40-inch (1.0 m) undersea pipes.

Other assets include:

In March 2008, the partners approved a A$5 billion North Rankin 2 project which will underpin supply commitments to customers in Asia beyond 2013.[5] The project will recover remaining low pressure gas from the ageing North Rankin and Perseus gas fields using compression. It will include the installation of a new platform (North Rankin B) which will stand in about 125 metres of water and will be connected by a 100-metre bridge to the existing North Rankin A platform.[7]

Production and sales

The first LNG shipments went to Japan in 1989. 200 shipments per year (about one shipment every 1.5 days) in the purpose built LNG carriers totalling more than seven million tons are made around the world. Markets include sales to long term customers in Japan and spot buyers in China, Spain, South Korea and the United States.[8]

To date, the venture has produced more than 1000 cargoes of light crude oil (natural gas condensate). Condensate is sold on the international energy market.

The venture is Western Australia's largest single producer of domestic gas providing about 65% of total State production.[1] Pipeline gas is processed at the consortium's Karratha facility, and transported to customers in southern Western Australia via the 1530 km Dampier to Bunbury Natural Gas Pipeline. A subsidiary company, North West Shelf Gas Pty Ltd markets the domestic gas component to customers in Western Australia through private contracts and sales to AlintaGas.[9]

See also

References

  1. 1 2 "North West Shelf > overview". Woodside Energy. Archived from the original on 2008-05-25. Retrieved 2008-06-14.
  2. Murray, Robert (1991). From the Edge of a Timeless Land: A History of the North West Shelf Gas Project. Allen & Unwin, Sydney. p. 188. ISBN 0-04-442295-4.
  3. . "North West Shelf Venture". North West Shelf Gas Pty Ltd. Archived from the original on 2008-06-04. Retrieved 2008-06-14.
  4. (2004) North Rankin A - life extension project. North Rankin `A' Platform (North West Shelf, W.A.)Trunkline, June 2004, supplement
  5. 1 2 3 "NW Shelf Venture Agrees to Replace Cossack Oil Production Ship". Bloomberg.com. Retrieved 2008-06-14.
  6. "Withnell Bay LNG Jetty". Dampier Port Authority. Archived from the original on 2008-03-25. Retrieved 2008-06-15.
  7. "North West Shelf Venture Approves North Rankin 2 Project" (PDF). Woodside Petroleum Ltd ASX announcement. 31 March 2008.
  8. "North West Shelf Venture". Hydrocarbons Technology. Retrieved 2008-06-14.
  9. "About NWSG". North West Shelf Gas Pty Ltd. Archived from the original on 2008-07-19. Retrieved 2008-06-14.

Further reading

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