Our Projects

Projects

Equus Gas Project

The Equus Gas Project is a development ready gas and condensate project with a certified resource sufficient to supply 300 TJ (280 MMscfd) of gas a day for 20 years or 2 million tonnes of LNG for 20 years.

Numerous market opportunities exist for Equus given growing domestic and export gas shortages, as well as to opportunity to help create new value-adding gas-led industries in Western Australia.

The 2Tcf gas and 42 MMbbl condensate Equus resource (2C) is located offshore about 200 km northwest of Onslow, Western Australia, at water depths of 1000 m to 1200 m.

Development of Equus will be phased, with the first phase comprising three production wells linked by subsea infrastructure to a leased floating production storage and offloading facility. Processing on-board the offshore facility will include gas dehydration, gas compression and condensate stripping for export.

Dry sales gas will be transported via a third-party owned 210 km offshore pipeline from the Equus Fields to the Ashburton North Strategic Industrial Area (ANSIA), near Onslow Western Australia. From Ashburton the Equus gas can be delivered via the existing onshore pipeline network to the domestic gas markets and the existing LNG export facilities.

Equus is the only independent proven resource ready to backfill LNG processing shortfalls, all other resources are in production or committed to existing LNG projects.

More than US$1.8 billion has been invested in the Equus Project since 2007 in exploration, appraisal, testing, and development studies.

To bring Equus into production we are collaborating with some of the world’s leading companies and service providers. We have completed pre-front end engineering and design with oil and gas service and technology providers McDermott International, Inc. and Baker Hughes.