Gas
Woodside reports rising quarterly output as Scarborough nears completion
Woodside Energy posted higher third-quarter production and reported that its major offshore projects remain on track.
Key points
- Woodside produced 46.2 MMboe in the quarter to September 30, representing a 12 percent increase from the previous period.
- The Scarborough Energy Project off Western Australia reached 99 percent completion with first LNG cargo expected in the fourth quarter.
- International developments including the Trion project in Mexico and Sangomar in Senegal progressed according to schedule.
What happened
According to World Oil, Woodside Energy recorded a quarterly production volume of 46.2 MMboe, or 503,000 boed, for the period ending September 30. This figure marks a 12 percent rise compared to the preceding quarter, prompting the company to maintain its full-year guidance between 174 and 181 MMboe.
At the Scarborough Energy Project off Western Australia, construction reached 99 percent completion on budget. Commissioning activities, including well clean-up and gas export to pressurize the trunkline, proceeded in line with expectations. Gas was subsequently introduced to Pluto Train 2 following the completion of mechanical compressor runs, with the initial LNG cargo targeted for the fourth quarter.
Global assets also advanced during the quarter. The Trion project in the Gulf of Mexico achieved 71 percent completion, targeting first oil in 2028. Meanwhile, offshore Senegal, the Sangomar development averaged 94,000 barrels per day of gross production.
What comes next
Woodside continues to advance multiple operational milestones across its portfolio. Commissioning work at Pluto Train 2 and modifications at Pluto Train 1 are proceeding ahead of the anticipated fourth-quarter LNG startup. In the Bass Strait, development wells are complete with first production expected in the first half of 2027, while assessment of further wells continues.
International operations also face forthcoming targets. In the Gulf of Mexico, fabrication of the Trion floating production unit stands at 96 percent complete. The Sunrise joint venture has extended its production sharing contracts to March 2027 following alignment on key fiscal principles between Timor-Leste and Australia.
Why it matters
Global energy supply dynamics heavily influence investment flows across emerging markets. For African and Nigerian energy stakeholders, large-scale LNG developments such as Scarborough demonstrate how major operators maintain capital discipline while delivering complex offshore infrastructure.
As global markets absorb these upcoming supply additions, pricing benchmarks remain a critical factor for capital allocation. According to US EIA data from October 20, 2026, Brent spot prices stood at 115.22 US dollars per barrel, while Henry Hub natural gas traded at 3.10 US dollars per MMBtu. These prevailing commodity prices provide the revenue framework against which long-term projects like Woodside's portfolio and similar ventures across the African energy sector are evaluated by international investors.
Original reporting
This article draws on the following reports. Read them in full on the publishers’ sites.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
17.0% of electricity in Australia came from gas in 2025Written by the CEII Desk, the Centre’s automated newsroom, from the reporting credited above and CEII’s own data. Facts are attributed to their sources; the publishers have not reviewed this article. Spotted an error? Tell our editors.
