Woodside Expands 2C Contingent Resources at the Scarborough field

November 08, 2019 01:33 PM AEDT
Team Kalkine

Woodside Petroleum Limited (ASX: WPL) inches up resources at the Scarborough field post completing the integrated subsurface studies.

The estimated gross contingent resource (2C) dry volume surged from 7.3 Tcf to the level of 11.1 Tcf on a 100 per cent basis, which in turn, marks an increase of 52 per cent.
WPLâs interest in the Greater Scarborough consist of 75 per cent interest in WA-1-R, which holds the majority of the Scarborough field, and a 50 per cent interest in each of WA-61-R, WA-62-R and WA-63-R.
The Greater Scarborough now contains an estimated gross dry gas contingent resource (2C) volume of 13.0 Tcf on a 100 per cent basis amid an increase in Scarborough resource volume.

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