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Thursday, December 15, 2005

Angel gas project starts on NW Shelf -

Angel gas project starts on NW Shelf - Breaking News - Business - Breaking News: "Woodside Petroleum says development is due to begin immediately at the $1.6 billion Angel gas project on the North West Shelf.
'The NWS Venture participant companies are excited to proceed with this new field development, which will underpin current gas contracts and future sales,' Woodside Petroleum director of North West Shelf Ventures, Jack Hamilton, said.
The company said that drilling would begin at the site between the third quarter of fiscal 2006 and the second quarter of fiscal 2007, with the platform due to be fully operational by the end of 2007/2008.
'The 7,500 tonne Angel jacket substructure and 7,000 tonne topside are expected to be fully operational by Q4 2008,' Woodside said.
'The Angel development will include three production wells which are scheduled for drilling between Q3 2006 and Q2 2007.'
A third major offshore production platform will be built off the North West shelf under the gas and condensate project.
It will include a new 50km subsea pipeline, which will link the platform to the venture's existing North Rankin production facility.
The platform will have a capacity of up to 800 million standard cubic feet of gas a day, and up to 50,000 barrels of condensate.
Partners in the project include the operator Woodside Energy Ltd, BHP Billiton (North West Shelf) Pty Ltd, BP Developments Australia Pty Ltd, Chevron Australia Pty Ltd, Japan Australia LNG Pty Ltd, and Shell Development Pty Ltd.
? 2005 AAP
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