Business 07 Nov 2019

Scarborough resource volume increased by 52%

The estimated gross contingent resource dry gas volume for the Scarborough field has increased to 11.1 Tcf (100%; 8.3 Tcf Woodside share), up 52% from 7.3 Tcf (100%; 5.5 Tcf Woodside share). Woodside CEO Peter Coleman said our understanding of the value of the Scarborough gas resource has increased after applying leading-edge technology to geophysical data collected since the field’s discovery almost 40 years ago.

Read the full announcement here.

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