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THIRD QUARTER REPORT FOR PERIOD ENDED 30 SEPTEMBER 2026

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ASX: WDS | NYSE: WDS

Wednesday, 21 October 2026

Strong performance from improved production and pricing

Performance highlights

 

  •   Achieved $84/boe realised LNG price during Q3 2026, an increase of 27% compared to Q2 2026 reflecting price lags from Q2 2026, realised values from LNG portfolio optimisation undertaken in Q2 2026 and stronger gas hub market pricing.

 

  •   Delivered quarterly operating revenue of $4,281 million, up 2% on Q2 2026 from strong LNG performance offset by lower average realised pricing from the liquids portfolio.

 

  •   Delivered quarterly production volumes of 46.2 MMboe (503 Mboe/d), up 12% from Q2 2026 reflecting higher production from Pluto LNG following turnaround and maintenance activities completed in Q2 2026.

 

  •   Achieved operational reliability of greater than 99% at Sangomar, NWS Project LNG and Pluto LNG.

 

  •   Completed NWS single train planned major turnaround campaign on schedule and budget.

Project highlights

 

  •   The Scarborough Energy Project was 99% complete and remains on budget and on track for first LNG cargo this year.

 

  •   The Trion Project was 71% complete at quarter end and remains on budget, with floating production unit (FPU) fabrication advancing to 96% completion, targeting first oil in 2028.

 

  •   The Louisiana LNG Project remains on budget, targeting first LNG in 2029. It is 32% complete with Train 1 41% complete.

Business and portfolio highlights

 

  •   Entered into an agreement to sell Woodside’s 70% operated interest in the Calypso Project to bp.

 

  •   Completed the strategic review of Beaumont New Ammonia (BNA) and will initiate a formal process to reduce Woodside’s investment and achieve value for shareholders.
 

 

2026 full-year guidance         Prior   Current   Comment
Total production volumes1    MMboe   174 - 185       174 - 181      

Beaumont New Ammonia volumes revised to 1.5-2.5 MMboe

Narrowing of window for Scarborough first LNG cargo

Reduced production at Okha FPSO

Completion of start-up and performance testing of Julimar Development Phase 3 in September

Gas hub exposure2    %   ~30   No change    
Capital expenditure3    $million   4,000 - 4,500   No change    
Abandonment expenditure    $million   500 - 800   No change    
Exploration expenditure    $million   ~200   No change    
Production costs    $million   1,500 - 1,800   No change    
Feed gas, services and processing costs    $million   500 - 600   No change    
Property, plant and equipment depreciation and amortisation    $million   4,200 - 4,700   No change    

 

 
1 

Total production volumes includes 1.5 - 2.5 MMboe from Beaumont New Ammonia (prior guidance included 2 - 3 MMboe).

2 

Gas hub indices include Japan Korea Marker (JKM), Title Transfer Facility (TTF) and National Balancing Point. It excludes Henry Hub. Presented on a 3-year average for 2026 - 2028. Includes binding sales and purchases agreements only, Woodside’s equity share of Scarborough and Pluto LNG, Corpus Christi offtake volumes and assumes the Chevron asset swap is completed.

3 

Capital expenditure is reported on the basis of Woodside’s net ownership interests for each project as at 30 September 2026. Louisiana LNG (90% Louisiana LNG LLC, 60% Louisiana LNG Infrastructure LLC and 20% Driftwood Pipeline LLC) capital expenditure adjusted for the cash contributions from Stonepeak Wallaby I Acquiror LP (Stonepeak) and Williams Louisiana LNG LLC (Williams). Scarborough (74.9% participating interest) and Pluto Train 2 (51% participating interest). Trion (60% participating interest). Excludes the final acquisition completion payment for Beaumont New Ammonia of $470 million. Completion of the asset swap with Chevron assumed to occur in Q4 2026.

 

 

1         Third quarter report for period ended 30 September 2026    LOGO
 


Woodside CEO Liz Westcott said the strong third quarter performance reflected the company’s highly reliable operations and disciplined execution of major growth projects.

“Amid ongoing volatility in global energy markets, we have remained a reliable supplier to our customers. Increased quarterly operating revenue reflected increased production and strong realised prices.

“We delivered quarterly production of 46.2 million barrels of oil equivalent, up 12% from the previous quarter following the successful completion of the Pluto LNG turnaround in the second quarter and the NWS turnaround in the third quarter.

“We maintained outstanding reliability across our global portfolio, with reliability of 99.8% at Pluto LNG and 99.3% at the NWS Project in Australia, and 99.2% at Sangomar in Senegal.

“We recorded three process safety events during the quarter. Safety remains our highest priority and we are focused on applying the lessons learned from these incidents and strengthening our controls in this vitally important area.

“We continued executing our major growth projects to budget and schedule. The Scarborough Energy Project is now 99% complete, with gas from the Scarborough reservoir introduced into the FPU and exported into the trunkline during the quarter. We remain on track for first LNG cargo this year.

“The Trion Project is now 71% complete and targeting first oil in 2028. Fabrication of the FPU is well advanced, with integration and pre-commissioning activities underway.

“Louisiana LNG is targeting first LNG in 2029, with construction progressing across all three trains and the project 32% complete.

“We continued to optimise our portfolio through the ongoing integration of the Gippsland Basin assets and divestment of our operated interest in the Calypso Project. Following completion of the Beaumont New Ammonia strategic review, we will now initiate a formal process to reduce our investment and achieve value for our shareholders. These actions demonstrate our disciplined approach to portfolio management and capital allocation, with a clear focus on investments that deliver long-term shareholder value.

“We remain committed to supplying Australia’s domestic gas market and are assessing our plans for four proposed development wells in the Bass Strait. Development will depend on technical assessments and the implications of the Federal Government’s domestic gas reservation scheme.”

 

 

2         Third quarter report for period ended 30 September 2026    LOGO
 


Comparative performance at a glance

 

       

Q3

2026

  Q2
2026
 

Change

%

  Q3
2025
 

Change

%

 

YTD

2026

 

YTD

2025

 

Change

%

                   

Operating revenue

  $million   4,281   4,185   2%   3,359   27%   11,727   9,949   18%

Production volumes4

  MMboe   46.2   41.3   12%   50.8   (9%)   132.7   149.9   (11%)

Gas

  MMscf/d   1,697   1,326   28%   1,827   (7%)   1,534   1,831   (16%)

Liquids

  Mbbl/d   202   214   (6%)   231   (13%)   212   228   (7%)

Ammonia

  kT/d   0.8   1.8   (56%)   —   —%   1.3   —   —%

Total

  Mboe/d   503   454   11%   552   (9%)   486   549   (11%)

Sales volumes5

  MMboe   51.1   48.0   6%   55.1   (7%)   150.9   159.9   (6%)

Gas

  MMscf/d   2,043   1,672   22%   2,122   (4%)   1,910   2,049   (7%)

Liquids

  Mbbl/d   193   227   (15%)   226   (15%)   213   226   (6%)

Ammonia

  kT/d   1.0   2.1   (52%)   —   —%   1.3   —   —%

Total

  Mboe/d   555   528   5%   599   (7%)   553   586   (6%)
                   

Average realised price

  $/boe   84   85   (1%)   60   40%   77   61   26%

Capital expenditure and acquisitions

  $million   722   784   (8%)   1,323   (45%)   2,829   3,881   (27%)

Capital expenditure6

  $ million   722   784   (8%)   1,323   (45%)   2,359   3,881   (39%)

Acquisitions

  $ million   —   —   —%   —   —%   470   —   —%

Operations

Pluto LNG

 

  •  

Achieved quarterly LNG reliability of 99.8%.

 

  •  

Preparation for the subsea tie-in and commissioning of the XNA-03 infill well continued ahead of targeted start-up in Q4 2026.

North West Shelf Project

 

  •  

Achieved quarterly LNG reliability of 99.3%.

 

  •  

Completed single LNG train planned turnaround campaign in September 2026 on budget and schedule.

 

  •  

Hearings on three legal proceedings in the Federal Court of Australia associated with the NWS Project Extension Commonwealth environmental approvals were held in July 2026, with the decisions reserved. A separate proceeding concerning the State environmental approval remains before the Supreme Court of Western Australia, with a hearing scheduled for Q4 2026.

 

  •  

The NWS Project is continuing with infrastructure retirement planning at Karratha Gas Plant (KGP) while maintaining the capacity to provide processing services for third-party gas. Planning is underway to retire a second LNG train in 2027 subject to relevant approvals.

Wheatstone and Julimar-Brunello

 

  •  

Progressed towards asset swap transaction completion, including the satisfaction of certain conditions precedent relating to the following:

 

  •  

Completion of the Julimar Development Phase 3 project, with start-up and performance testing of the final development wells completed in September 2026.

 

  •  

Completion of decommissioning of three Julimar-Brunello exploration wells, and wellhead severance of a further two previously-abandoned exploration wells.

 

  •  

Subject to the receipt of all regulatory approvals, the asset swap transaction continues to target completion in Q4 2026.7

 
4 

Percent change in total production may differ from percent change in daily production due to the number of days in each quarter.

5 

Restated additional volumes of 0.09 MMboe in Q3 2025 and 0.28 MMboe in YTD 2025 to reflect a revised MMBtu to boe conversion factor.

6 

Louisiana LNG YTD 2026 project spend includes $185 million of prepayments recognised in investing cash flow that are recoverable through partner cash calls but are not yet recognised as capital expenditure.

7 

Completion of the transaction is subject to the remaining conditions precedent. See “Woodside simplifies portfolio and unlocks long-term value” announced on 19 December 2024.

 

 

3         Third quarter report for period ended 30 September 2026    LOGO
 


Bass Strait

 

  •  

Achieved quarterly reliability of 91%.

 

  •  

Achieved completion of the five Turrum Phase 3 Project development wells with first production targeting H1 2027.

 

  •  

Progressed integration of the Gippsland Basin assets into Woodside’s operated portfolio following transfer of operatorship from ExxonMobil on 1 July 2026.

Other Australia

 

  •  

Following remediation of a subsea mooring system defect and successful FPSO reconnection, production resumed at Okha, with ongoing well assessment supporting further production restoration.

 

  •  

Subsequent to the period, the Pyrenees floating production storage and offloading (FPSO) disconnected ahead of scheduled shipyard activity in Q4 2026.

Sangomar

 

  •  

Achieved an average daily production rate of 94 Mbbl/d (100% basis, 73 Mbbl/d Woodside share) with reliability of 99.2%.

 

  •  

Production rate reflects natural field decline and reduced production sharing contract (PSC) net entitlement following recovery of 100% Woodside-funded pre-FID costs.

Gulf of America

 

  •  

Achieved quarterly reliability of 94.3% at Shenzi.

 

  •  

Executed a planned shutdown at Shenzi in July 2026 and a three-well intervention campaign in August 2026.

 

  •  

Atlantis achieved start-up of the Major Facility Expansion (MFX) project, bringing the first of two water injectors online. The project added subsea infrastructure, wells and upgraded water injection equipment.

Beaumont New Ammonia

 

  •  

BNA suspended operations for approximately 30 days following a Tier 1 process safety event. There were no injuries to personnel or damage to equipment and no lasting impact to the environment. The facility was safely restarted following completion of an internal investigation and implementation of appropriate actions.

 

  •  

Production during the quarter was constrained to 69% of nameplate capacity due to third-party feedstock availability and the 30 day shut down. Third-party cargoes were sourced to satisfy customer commitments on similar financial terms.

 

  •  

Commencement of lower-carbon ammonia production remains targeted for 2027, subject to commissioning of Linde’s low-carbon hydrogen facilities and start-up of ExxonMobil’s carbon capture and storage (CCS) infrastructure. During the quarter, the Texas Railroad Commission voted to approve the permit for ExxonMobil’s Rose carbon storage project, moving it into the final stages of a multi-year regulatory process.

 

  •  

Completed the strategic review of BNA. In light of the evolving pace of lower-carbon ammonia market development, Woodside will initiate a formal process to reduce its investment in BNA investment and achieve value for shareholders.

Marketing

Revenue and trading

 

  •  

Strong marketing performance reflected the realisation of value from LNG portfolio optimisation undertaken in Q2 2026, with revenue recognised as cargoes were delivered in Q3 2026.

 

  •  

Average realised LNG prices improved quarter-on-quarter, reflecting the realisation of price lags from Q2 2026 and stronger gas hub market pricing in the lead up to northern hemisphere winter months.

 

  •  

Approximately 33% of LNG sold was linked to gas hub indices during the quarter.

 

  •  

The impact of crude supply disruptions softened during the quarter as export flows recovered and market balances improved, resulting in lower market prices for crude oil and weaker realised premiums for the liquids portfolio (oil, condensate and liquids traded).

 

 

4         Third quarter report for period ended 30 September 2026    LOGO
 


Pipeline gas

 

  •  

Executed incremental pipeline gas sales of:

 

  •  

12.9 PJ to be delivered to the Western Australian market from 2027 to 2029

 

  •  

18.4 PJ to be delivered to the East Coast market from 2026 to 2028.

 

  •  

Progressed expression of interest for 20 PJ of Bass Strait supply and finalised a number of 2027 and 2028 offers during the period.

Projects

Scarborough Energy Project

 

  •  

The Scarborough and Pluto Train 2 projects remain on budget and were 99% complete at the end of the quarter (excluding Pluto Train 1 modifications).

 

  •  

The FPU and subsea production system commissioning and start-up activities continued, including well clean-up and export of gas to pressurise the trunkline. Well clean-up results are in line with reservoir and well performance expectations.

 

  •  

Completed all mechanical runs of Pluto Train 2 compressors and, subsequent to the period, Scarborough gas was introduced to the warm end (gas pre-treatment) of the LNG train. Activities in the cold end continue to progress, which will enable the commencement of gas liquefaction.

 

  •  

Following the Pluto Train 1 planned major maintenance campaign in Q2, modifications to Pluto Train 1 which will allow processing of Scarborough gas continued. The final module arrived onsite with activities focused on module hook-up and integration.

 

  •  

First LNG cargo is on track for Q4 2026.

Trion

 

  •  

The Trion Project remains on budget and was 71% complete at the end of the quarter.

 

  •  

Advanced the drilling campaign, with 10 of 24 wells drilled and the first subsea tree installed.

 

  •  

Delivered subsea equipment and disconnectable turret mooring (DTM) buoy to Mexico and commenced offshore installation.

 

  •  

The FPU fabrication reached 96% completion, with integration and pre-commissioning activities underway.

 

  •  

Progressed floating storage and offloading vessel construction, including completion of DTM turret integration into the hull.

 

  •  

The project is targeting first oil in 2028.

Louisiana LNG

 

  •  

The Louisiana LNG Project remains on budget and was 32% complete at the end of the quarter.

 

  •  

LNG terminal construction advanced across marine, site works and LNG tanks, with LNG Tank 1 wall concrete reaching 50% completion.

 

  •  

Train 1 was 41% complete at the end of the quarter, with structural steel and above-ground piping installation progressed.

 

  •  

Trains 2 and 3 were 27% and 22% complete respectively at the end of the quarter, with above-ground piping installation commenced for Train 2 and first concrete foundation poured for Train 3.

 

  •  

Structural steel supply challenges associated with ongoing disruptions in the Middle East continue to be mitigated through alternative logistics routes and fabrication sources.

 

  •  

Ongoing engagement with high-quality counterparties for equity participation and LNG offtake continues.

 

  •  

The project is targeting first LNG in 2029.

Hydrogen Refueller @H2Perth

 

  •  

Ready for start-up was achieved and commissioning activities continued onsite with first hydrogen production targeting Q4 2026.8

 
8 

The project has received funding from the Hydrogen Fuelled Transport Project Funding Process as part of the Western Australian Government’s Renewable Hydrogen Strategy.

 

 

5         Third quarter report for period ended 30 September 2026    LOGO
 


Decommissioning

 

  •  

Completed the plug and abandonment (P&A) of five wells in the Julimar-Brunello and NWS gas fields.

 

  •  

Commenced offshore wellhead severance across the NWS gas, NWS oil and Julimar-Brunello fields, with nine wellheads removed.

 

  •  

Continued progress across the Gippsland Basin Joint Venture wells P&A campaign, including conductor recovery activities at the Cobia field, completion of preparatory work for the Snapper campaign and commencement of the Barracouta A P&A campaign.

 

  •  

Progressed execution readiness for the offshore Echo Yodel pipeline removal campaign.

 

  •  

Submitted and secured NOPSEMA acceptance of Enfield decommissioning project close-out documentation.

Development and exploration

Browse

 

  •  

The Browse to North West Shelf Project continues to advance technical definition, regulatory approvals and commercial agreements as part of pre-front end engineering design activities.

 

  •  

Continued engagement with regulators to progress environmental approvals. Following submission of the revised Environmental Protection and Biodiversity Conservation Act 1999 referral, the Commonwealth regulator has determined that the Browse Carbon Capture and Storage (CCS) Project will be assessed by Environmental Impact Statement.

 

  •  

Progressed market engagement for the design and construction of the FPSO facilities and engineering studies of downstream modifications required for processing Browse gas at Karratha Gas Plant.

Sunrise

 

  •  

The Sunrise Joint Venture reached alignment with the Governments of Timor-Leste and Australia on the key principles underpinning a new Greater Sunrise PSC and associated fiscal framework.

 

  •  

The terms of the existing PSCs (JPDA PSC 03-19 and JPDA PSC 03-20) were extended to 31 March 2027 to facilitate implementation of the new PSC arrangements.

Calypso

 

  •  

On 6 August 2026, Woodside entered an agreement to sell its 70% operated interest in the Calypso Project to bp.9

 

  •  

All key conditions precedent have now been met, with completion of the transaction targeting Q4 2026.

 
9 

Completion of the transaction is subject to the remaining conditions precedent. See “Woodside rationalises global portfolio with Calypso divestment”.

 

 

6         Third quarter report for period ended 30 September 2026    LOGO
 


Exploration

 

  •  

The Nasim-1X well, operated by ENI, was spud on the Tiba license in Egypt in August 2026 and drilling activities are ongoing. Woodside holds a 40% non-operated interest.

 

  •  

Woodside was awarded one lease in the US Gulf of America where Woodside was the successful bidder from the Big Beautiful Gulf 3 Lease Sale held in August 2026.

 

  •  

Entered a non-binding memorandum of understanding with Petróleos Mexicanos (PEMEX) to evaluate deepwater opportunities in the Gulf of Mexico.

Corporate activities

Cost reduction

 

  •  

Woodside continued to progress the cost reduction program during the quarter, focused on improving efficiency and productivity.

 

  •  

Initiatives underway include simplifying organisational structures, improving maintenance and contracting processes, and expanding the use of automation and AI.

 

  •  

The program is targeting to deliver a US$350 million structurally lower recurring cost base against the 2025 baseline from 2028.

Climate and sustainability

 

  •  

Three process safety events were recorded during the quarter.

 

  •  

A Tier 1 event at BNA (refer to the BNA section for details).

 

  •  

Two Tier 2 events involving:

 

  •  

a marine diesel oil release during flushing operations at Okha, which had no environmental impact as the release was contained.

 

  •  

a methane release from pipework during turnaround activities at KGP.

 

  •  

The Sam Houston Jones State Park Project, a voluntary environmental and biodiversity restoration initiative located 15 miles from LALNG, has progressed, with approximately 50% of site preparation completed ahead of seedling planting.

Hedging

 

  •  

As at 30 September 2026, approximately 87% of the 30 MMboe of 2026 oil-linked production previously hedged (at an average price of $74.23 per barrel) had been cash settled. No additional oil-linked corporate hedges were entered during the quarter and the 2027 hedge position of 10 MMboe remains unchanged.

 

  •  

Continued to utilise Henry Hub and TTF commodity swaps in connection with overall management of Corpus Christi LNG volumes.

 

  •  

For 2026 year to date, hedge settlements resulted in a net cash outflow of approximately $565 million, and a reduction to pre-tax profit of $519 million. Cash settlements on oil-linked hedges occur in advance of the related profit and loss impact, resulting in temporary differences.

Embedded commodity derivative

 

  •  

In 2023, Woodside entered a revised long-term gas sale and purchase contract with Perdaman. A component of the selling price is linked to the price of urea, creating an embedded commodity derivative in the contract. The fair value of the embedded derivative is estimated using a Monte Carlo simulation model.

 

  •  

As there is no long-term urea forward curve, TTF continues to be used as a proxy to simulate the value of the derivative over the life of the contract.

 

  •  

For 2026 year to date, an unrealised pre-tax loss of approximately $179 million is expected to be recognised through other expense.

Funding and liquidity

 

  •  

During the quarter Woodside paid a fully franked dividend of $1,084 million and an $800 million bond maturity in September.

 

  •  

As at 30 September 2026, Woodside had liquidity of approximately $7,800 million and net debt (including lease liabilities) of approximately $8,900 million.

 

 

7         Third quarter report for period ended 30 September 2026    LOGO
 


Capital Markets Day

 

  •  

Woodside’s 2026 Capital Markets Day will be held on Thursday, 5 November 2026, commencing at 10:00 am AEDT/7:00 am AWST/5:00 pm CST (Wednesday, 4 November 2026).

 

  •  

A live webcast of the Australian event will be available on Woodside’s website at https://meetings.lumiconnect.com/300-191-159-742.

 

  •  

This will be followed by a US Capital Markets Day on 12 November 2026 in New York.

Upcoming events 2026-2027

 

     

November   

   5   2026 Capital Markets Day (Australia)
   12   2026 Capital Markets Day (United States)
     

January

   28   Fourth Quarter Report
     

February

   23   2026 Annual Report
     

April

   21   First Quarter Report

 

 

8         Third quarter report for period ended 30 September 2026    LOGO
 


Contacts      
INVESTORS    MEDIA    REGISTERED ADDRESS
      Woodside Energy Group Ltd
      ACN 004 898 962
Vanessa Martin    Dan Pagoda    Mia Yellagonga
M: +61 477 397 961    M: +61 482 675 731    11 Mount Street
E: investor@woodside.com    E: dan.pagoda@woodside.com    Perth WA 6000
      Australia
      T: +61 8 9348 4000
      www.woodside.com

This announcement was approved and authorised for release by Woodside’s Disclosure Committee.

 

 

9         Third quarter report for period ended 30 September 2026    LOGO
 


Production volumes

 

           

Q3

 2026 

    

Q2

 2026 

    

Q3

 2025 

    

YTD

 2026 

    

YTD

 2025 

 

Gas

   MMscf/d      1,697        1,326        1,827        1,534        1,831  

Liquids

   Mbbl/d      202        214        231        212        228  

Ammonia

   kT/d      0.8        1.8        –        1.3        –  

Total production volumes

   Mboe/d         503           454           552           486           549  

Production (reserves)

 

             

Q3

 2026 

    

Q2

 2026 

    

Q3

 2025 

    

YTD

 2026 

    

YTD

 2025 

 

AUSTRALIA

                 

LNG

                 

North West Shelf

     Mboe        5,646        5,491        5,895        16,815        17,665  

Pluto10

     Mboe        12,516        7,701        12,118        31,208        33,272  

Wheatstone

     Mboe        1,338        1,454        2,677        5,078        7,523  

Total

     Mboe        19,500        14,646        20,690        53,101        58,460  

Pipeline gas

                 

Bass Strait

     Mboe        4,416        3,440        3,929        10,612        10,774  

Other10,11

     Mboe        2,862        2,510        3,830        7,880        11,450  

Total

     Mboe        7,278        5,950        7,759        18,492        22,224  

Crude oil and condensate

                 

North West Shelf

     Mbbl        1,054        949        1,093        2,956        3,111  

Pluto10

     Mbbl        889        602        980        2,336        2,717  

Wheatstone

     Mbbl        239        271        471        937        1,331  

Bass Strait

     Mbbl        552        477        505        1,371        1,364  

Macedon & Pyrenees

     Mbbl        263        169        347        793        1,274  

Ngujima-Yin

     Mbbl        659        684        960        1,996        2,769  

Okha

     Mbbl        7        -        575        318        1,474  

Total

     Mboe        3,663        3,152        4,931        10,707        14,040  

NGL

                 

North West Shelf

     Mbbl        216        191        258        588        695  

Pluto10

     Mbbl        45        28        58        112        152  

Bass Strait

     Mbbl        772        761        842        2,163        2,263  

Total

     Mboe        1,033        980        1,158        2,863        3,110  
                                                       

Total Australia

     Mboe        31,474        24,728        34,538        85,163        97,834  
     Mboe/d        342        272        375        312        358  
 
10 

Feed gas volumes purchased from Pluto non-operating participants processed through the Pluto-KGP Interconnector are reported under Production (processing). Comparatives have been restated on the same basis.

11 

Includes the aggregate Woodside equity domestic gas production from all Western Australian projects.

 

 

10         Third quarter report for period ended 30 September 2026    LOGO
 


           

Q3 

 2026  

    

Q2 

 2026  

    

Q3 

 2025  

    

YTD 

 2026  

    

YTD 

 2025  

 

INTERNATIONAL

                 

Pipeline gas

                 

USA

     Mboe        358        405        491        1,209        1,278  

Trinidad & Tobago

     Mboe        -        -        242        -        4,863  

Other12

     Mboe        -        -        6        9        34  
             

Total

     Mboe        358        405        739        1,218        6,175  

Crude oil and condensate

                 

Atlantis

     Mbbl        2,424        2,526        2,783        7,671        7,859  

Mad Dog

     Mbbl        2,710        2,704        2,310        8,172        7,357  

Shenzi

     Mbbl        1,667        1,859        2,088        5,422        6,431  

Trinidad & Tobago

     Mbbl        -        -        13        -        205  

Sangomar

     Mbbl        6,758        7,854        7,516        21,764        21,922  

Other12

     Mbbl        35        35        5        124        5  
             

Total

     Mboe        13,594        14,978        14,715        43,153        43,779  

NGL

                 

USA

     Mbbl        276        370        442        1,159        1,238  

Other12

     Mbbl        -        -        3        5        18  
             

Total

     Mboe        276        370        445        1,164        1,256  
             
                                                       

Total International

     Mboe        14,228        15,753        15,899        45,535        51,210  
     Mboe/d        155        173        173        167        188  
                                                       

Total production (reserves) volumes

     Mboe        45,702        40,481        50,437        130,698        149,044  
     Mboe/d        497        445        548        479        546  

Production (processing)

 

             

Q3 

 2026  

    

Q2 

 2026  

    

Q3 

 2025  

    

YTD 

 2026  

    

YTD 

 2025  

 

AUSTRALIA

                 

Pluto-KGP Interconnector13

                 

LNG

     Mboe        254        171        210        667        583  

Pipeline gas

     Mboe        -        -        91        -        253  

Crude oil and condensate

     Mbbl        8        6        9        23        28  

NGL

     Mbbl        5        3        7        12        17  
             

Total Australia

     Mboe        267        180        317        702        881  
     Mboe/d        3        2        3        3        3  

INTERNATIONAL

                 

Beaumont New Ammonia14

     Mboe        266        609        -        1,292        -  
             

Total International

     Mboe        266        609        -        1,292        -  
     Mboe/d        3        7        -        5        -  
                                                       

Total production (processing) volumes

     Mboe        533        789        317        1,994        881  
     Mboe/d        6        9        3        7        3  
                                                       

Total production volumes

     Mboe        46,235        41,270        50,754        132,692        149,925  
     Mboe/d        503        454        552        486        549  
 
12 

Overriding royalty interests held in the USA for several producing wells.

13 

Feed gas volumes purchased from Pluto non-operating participants processed through the Pluto-KGP Interconnector, and represents 10% of Pluto-KGP Interconnector volumes.

14 

Beaumont New Ammonia production volume is 72.4 kT in Q3 2026 and 351.3 kT in YTD 2026.

 

 

11         Third quarter report for period ended 30 September 2026    LOGO
 


Sales volumes

 

             

Q3

2026

    

Q2

2026

    

Q3

2025

    

YTD

2026

    

YTD

2025

 

Gas

     MMscf/d        2,043        1,672        2,122        1,910        2,049  

Liquids

     Mbbl/d        193        227        226        213        226  

Ammonia

     kT/d        1.0        2.1        -        1.3        -  

Total sales volumes

     Mboe/d        555        528        599        553        586  
                                           
             

Q3

2026

    

Q2

2026

    

Q3

2025

    

YTD

2026

    

YTD

2025

 

AUSTRALIA

                 

LNG

                 

North West Shelf

     Mboe        5,630        3,922        4,743        17,016        16,689  

Pluto

     Mboe        13,146        9,011        13,609        34,062        35,254  

Wheatstone

     Mboe        1,967        1,995        1,623        6,578        7,186  

Total

     Mboe        20,743        14,928        19,975        57,656        59,129  

Pipeline gas

                 

Bass Strait

     Mboe        4,277        3,736        4,070        10,579        10,989  

Other15

     Mboe        3,152        2,756        4,028        8,406        11,445  

Total

     Mboe        7,429        6,492        8,098        18,985        22,434  

Crude oil and condensate

                 

North West Shelf

     Mbbl        651        1,300        1,194        2,633        3,039  

Pluto

     Mbbl        775        1,011        1,338        2,978        2,693  

Wheatstone

     Mbbl        92        427        417        787        1,402  

Bass Strait

     Mbbl        593        619        531        1,740        1,664  

Ngujima-Yin

     Mbbl        690        963        1,171        2,322        2,985  

Okha

     Mbbl        -         -         -         251        1,256  

Macedon & Pyrenees

     Mbbl        -         511        496        512        1,493  

Total

     Mboe        2,801        4,831        5,147        11,223        14,532  

NGL

                 

North West Shelf

     Mbbl        -         473        430        473        907  

Pluto

     Mbbl        -         93        105        93        215  

Bass Strait

     Mbbl        874        437        374        2,177        1,610  

Total

     Mboe        874        1,003        909        2,743        2,732  
                                                       

Total Australia

     Mboe        31,847        27,254        34,129        90,607        98,827  
     Mboe/d        346        299        371        332        362  
 
15 

Includes the aggregate Woodside equity domestic gas production from all Western Australian projects.

 

 

12         Third quarter report for period ended 30 September 2026    LOGO
 


           

Q3

 2026 

    

Q2

 2026 

    

Q3

 2025 

    

YTD

 2026 

    

YTD

 2025 

 

INTERNATIONAL

                 

Pipeline gas

                 

USA16

     Mboe        361        413        438        1,160        1,246  

Trinidad & Tobago

     Mboe        -        -        243        -        4,750  

Other17

     Mboe        45        3        4        51        12  

Total

     Mboe        406        416        685        1,211        6,008  

Crude oil and condensate

                 

Atlantis

     Mbbl        2,400        2,544        2,801        7,672        7,901  

Mad Dog

     Mbbl        2,605        2,780        2,310        8,118        7,415  

Shenzi

     Mbbl        1,415        1,870        2,094        5,179        6,326  

Trinidad & Tobago

     Mbbl        -        -        5        -        181  

Sangomar

     Mbbl        6,932        6,865        6,833        20,619        20,859  

Other17

     Mbbl        130        67        47        286        151  

Total

     Mboe        13,482        14,126        14,090        41,874        42,833  

NGL

                 

USA

     Mbbl        254        389        440        1,165        1,196  

Other17

     Mbbl        29        1        2        32        6  

Total

     Mboe        283        390        442        1,197        1,202  

Ammonia

                 

Beaumont New Ammonia18

     Mboe        346        702        -        1,297        -  

Total

     Mboe        346        702        -        1,297        -  
                                                       

Total International

     Mboe        14,517        15,634        15,217        45,579        50,043  
     Mboe/d        158        172        165        167        183  

MARKETING19

                 

LNG

     Mboe        4,389        4,856        5,492        13,645        10,579  

Liquids

     Mboe        341        298        249        1,023        417  

Total

     Mboe        4,730        5,154        5,741        14,668        10,996  

Total Marketing

     Mboe        4,730        5,154        5,741        14,668        10,996  
                                                       

Total sales volumes

     Mboe        51,094        48,042        55,087        150,854        159,866  
     Mboe/d        555        528        599        553        586  
 
16 

Restated additional volumes of 0.09 MMboe in Q3 2025 and 0.28 MMboe in YTD 2025 to reflect a revised MMBtu to boe conversion factor.

17 

Overriding royalty interests held in the USA for several producing wells.

18 

Beaumont New Ammonia sales volumes are 94.2 kT in Q3 2026 and 352.5 kT YTD 2026.

19 

Purchased volumes sourced from third parties.

 

 

13         Third quarter report for period ended 30 September 2026    LOGO
 


Operating revenue (US$ million)

 

    

Q3 

 2026  

   

Q2 

 2026  

   

Q3 

 2025  

   

YTD 

 2026  

   

YTD 

 2025  

 

 AUSTRALIA

         

North West Shelf

    479       378       323       1,305       1,153  

Pluto

    1,121       795       1,000       2,682       2,539  

Wheatstone

    189       167       135       536       589  

Bass Strait

    380       352       265       964       776  

Macedon

    56       57       44       169       148  

Ngujima-Yin

    73       102       88       223       231  

Okha

    -       2       -       27       90  

Pyrenees

    -       45       37       45       120  

 Revenue from sale of products

    2,298       1,898       1,892       5,951       5,646  

 Intersegment revenue

    (53 )      (51 )      (67 )      (154 )      (76 ) 

 Processing and services revenue

    34       35       39       122       148  

 Total Australia

    2,279       1,882       1,864       5,919       5,718  

 INTERNATIONAL

         

Atlantis

    215       258       196       672       568  

Mad Dog

    227       272       150       689       501  

Shenzi

    120       192       142       450       447  

Trinidad & Tobago20

    -       -       6       -       150  

Sangomar

    659       763       477       1,946       1,468  

Other21

    44       145       2       231       9  

 Revenue from sale of products

    1,265       1,630       973       3,988       3,143  

 Total International

    1,265       1,630       973       3,988       3,143  

 MARKETING

         

 Revenue from sale of products

    672       620       452       1,652       996  

 Intersegment revenue

    53       51       67       154       76  

 Shipping and other revenue

    12       2       3       14       16  

 Total Marketing22

    737       673       522       1,820       1,088  

 Operating revenue23

    4,281       4,185       3,359       11,727       9,949  

 

 
20 

Includes the impact of periodic adjustments related to the production sharing contract (PSC).

21 

Includes revenue from Beaumont New Ammonia and overriding royalty interests held in the USA for several producing wells.

22 

Values include revenue generated from purchased LNG and Liquids volumes, as well as the marketing margin on the sale of Woodside’s produced LNG and Liquids portfolio. Marketing revenue excludes hedging impacts and cargo swaps where a Woodside produced cargo is sold and repurchased from the same counterparty to optimise the portfolio. The margin for these cargo swaps is recognised net in other income.

23 

Operating revenue excludes all hedging impacts.

 

 

14         Third quarter report for period ended 30 September 2026    LOGO
 


Realised prices

 

       Units      

Q3

 2026 

    

Q2

 2026 

    

Q3

2025

     Units       

Q3

 2026 

    

Q2

 2026 

    

Q3

 2025 

 

LNG produced

     $/MMBtu        13.3        10.5        9.5        $/boe          84        66        60  

LNG traded24

     $/MMBtu        16.6        15.2        11.2        $/boe          108        99        71  

Pipeline gas:

                       

Western Australia

     A$/GJ        6.9        6.9        6.8              

East Coast Australia

     A$/GJ        15.3        15.7        12.9              

International25

     $/Mcf        2.6        3.0        3.6              

Pipeline gas

                 $/boe          49        50        38  

Oil and condensate

     $/bbl        93        107        68        $/boe          93        107        68  

NGL

     $/bbl        52        57        41        $/boe          52        57        41  

Liquids traded24

     $/bbl        71        110        60        $/boe          71        110        60  

 

Average realised price

  

 

 

 

$/boe

 

 

  

 

 

 

84

 

 

  

 

 

 

85

 

 

  

 

 

 

60

 

 

                                   

Dated Brent

     $/bbl        97        105        69              

JCC (lagged three months)

     $/bbl        111        67        75              

WTI

     $/bbl        86        93        65              

JKM

     $/MMBtu        18.9        17.5        12.5              

TTF

     $/MMBtu        18.0        16.4        11.7              
 
24 

Excludes any additional benefit attributed to produced volumes through third-party trading activities.

25 

Sales volumes have been restated to reflect volumes sold in MMBtu at a revised boe conversion factor impacting realised price by -$0.6/Mcf for International pipeline gas in Q3 2025.

 

 

15         Third quarter report for period ended 30 September 2026    LOGO
 


Capital expenditure (US$ million)

 

     

Q3

 2026 

   

Q2

 2026 

   

Q3

 2025 

   

YTD

 2026 

   

YTD

 2025 

 

Evaluation capitalised26

     12       15       8       36       37  

Property plant & equipment

     1,738       1,557       1,530       4,981       5,902  

Cash contributions from participants

     (1,029 )      (878 )      (222 )      (2,754 )      (2,092 ) 

Other27

     1       90       7       96       34  

Capital expenditure

     722       784       1,323       2,359       3,881  

Acquisitions

     -       -       -       470       -  

Total capital expenditure and acquisitions

     722       784       1,323       2,829       3,881  

  

          
     

Q3

 2026 

   

Q2

 2026 

   

Q3

 2025 

   

YTD

 2026 

   

YTD

 2025 

 

Scarborough

     186       290       361       751       1,016  

Trion

     267       275       291       713       698  

Louisiana LNG capital expenditure

     967       723       498       2,562       3,153  

Cash contributions from participants

     (1,029 )      (878 )      (222 )      (2,754 )      (2,092 ) 

Louisiana LNG other27

     7       26       -       38       -  

Louisiana LNG28

     (55 )      (129 )      276       (154 )      1,061  

Other

     324       348       395       1,049       1,106  

Capital expenditure

     722       784       1,323       2,359       3,881  
 
26 

Project final investment decisions result in amounts of previously capitalised exploration and evaluation expense (from current and prior years) being transferred to property plant & equipment. This table does not reflect the impact of such transfers.

27 

Other incorporates Louisiana LNG cash call payments to Williams for Driftwood Pipeline LLC, corporate spend, other investments and other capital expenditure.

28 

Louisiana LNG YTD 2026 project spend includes $185 million of prepayments recognised in investing cash flow that are recoverable through partner cash calls but are not yet recognised as capital expenditure.

 

 

16         Third quarter report for period ended 30 September 2026    LOGO
 


Other expenditure (US$ million)

 

Exploration and evaluation expenditure   

Q3

 2026 

    

Q2

 2026 

    

Q3

 2025 

    

YTD

 2026 

    

YTD

 2025 

 

Exploration capitalised26,29

     3        2        17        45        22  

Exploration and evaluation expensed30

     63        50        46        163        127  

Permit amortisation

     2        2        2        6        5  

Total

     68        54        65        214        154  

  

              
Trading costs   

Q3

2026

    

Q2

2026

    

Q3

2025

    

YTD

2026

    

YTD

2025

 

Australia

     83        52        71        184        159  

International

     14        -        -        14        -  

Marketing

     407        533        374        1,278        696  

Total

     504        585        445        1,476        855  

  

              
Abandonment expenditure   

Q3

2026

    

Q2

2026

    

Q3

2025

    

YTD

2026

    

YTD

2025

 

Total

     172        139        141        427        658  
 
29 

Exploration capitalised represents expenditure on successful and pending wells, plus permit acquisition costs during the period and is net of well costs reclassified to expense on finalisation of well results.

30 

Includes seismic and general permit activities and other exploration costs.

 

 

17         Third quarter report for period ended 30 September 2026    LOGO
 


Exploration or appraisal wells drilled

 

 Region   

 Permit 

area

   Well     Target      Interest (%)     Spud date   

Water

 depth (m) 

  

 Actual well 

depth (m)31

   Remarks

Egypt

   Tiba    Nasim-1X    Gas    40%
Non-operator
   25 August
2026
   -1    2,650     Drilling, 
onshore
 
31 

Well depths are referenced to the rig rotary table.

 

 

18         Third quarter report for period ended 30 September 2026    LOGO
 


Permits and licences

Key changes to permit and licence holdings during the quarter ended 30 September 2026 are noted below.

 

Region   Permits or licence areas    Change in
 interest (%) 
  

Current

 interest (%) 

   Remarks
  AC 125, AC 126    (45%)    —%    Assigned
United States   GB 721, GC 598, AC 36, AC 80, AC 81    (100%)    —%    Relinquished
  EB 682    100%    100%    Awarded

 

 

19         Third quarter report for period ended 30 September 2026    LOGO
 


Production rates

Average daily production rates (100% project) for the quarter ended 30 September 2026:

 

     Woodside
share32
   

Production rate

(100% project,

Mboe/d)

     Remarks
             Q3
2026
     Q2
2026
       

AUSTRALIA

          

NWS Project

                              

LNG

     29.17 %      210        203      Increased production driven by reliability and wells returned to service.

Crude oil and condensate

     29.26 %      39        35  

NGL

     29.36 %      8        7  

Pluto LNG

                              

LNG

     90.00 %      124        75      Production higher following planned maintenance turnaround in Q2.

Crude oil and condensate

     90.00 %      10        7  

Pluto-KGP Interconnector

                              

LNG

     100.00 %      28        19      Production higher due to major turnaround in Q2 which impacted feed gas.

Crude oil and condensate

     100.00 %      1        1  

NGL

     100.00 %      1        –  

Wheatstone33

                              

LNG

     6.00 %      243        204      Julimar Brunello production lower due to impact of offshore project activities.

Crude oil and condensate

     8.12 %      32        28  

Bass Strait

                              

Pipeline gas

     48.95 %      98        83      Production higher due to seasonal increases in demand.

Crude oil and condensate

     43.61 %      14        12  

NGL

     44.96 %      19        18  

Australia Oil

                              

Ngujima-Yin

     60.00 %      12        13      Okha reconnected late in Q3.

Okha

     50.00 %      –        –  

Pyrenees

     71.43 %      4        3  

Other

                              

Pipeline gas34

       31        28     
 
32 

Woodside share reflects the net realised interest for the period.

33 

The Wheatstone asset processes gas from several offshore gas fields, including the Julimar and Brunello fields, for which Woodside has a 65% participating interest and is the operator.

34 

Includes the aggregate Woodside equity domestic gas production from all Western Australian projects.

 

 

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     Woodside
share35
    Production rate
(100% project,
Mboe/d)
     Remarks
            

Q3

2026

    

Q2

2026

       

INTERNATIONAL

          

Atlantis

                              

Crude oil and condensate

     38.50 %      68        72      Production lower due to higher planned and unplanned events.

NGL

     38.50 %      3        5  

Pipeline gas

     38.50 %      7        8  

Mad Dog

                              

Crude oil and condensate

     20.86 %      141        142     

NGL

     20.86 %      5        5  

Pipeline gas

     20.86 %      4        3  

Shenzi

                              

Crude oil and condensate

     64.55 %      28        32      Production lower because of planned shutdown and well interventions.

NGL

     64.65 %      1        2  

Pipeline gas

     64.64 %      1        1  

Sangomar

                              

Crude oil

      78.01 %36      94        99      Production lower due to natural field decline.

Beaumont New Ammonia

                              

Ammonia37

     100.00 %      3        7      Production lower due to unplanned event.
 
35 

Woodside share reflects the net realised interest for the period.

36 

Operations governed by production sharing contracts.

37 

Beaumont New Ammonia production rate was 0.8 kT/d in Q3 2026.

 

 

21         Third quarter report for period ended 30 September 2026    LOGO
 


Disclaimer and important notice

Forward looking statements

This report contains forward-looking statements. These statements may relate to Woodside’s business, goals, targets, aspirations, plans, expectations, market conditions, results of operations and financial condition, including but not limited to, statements regarding the timing, completion and outcomes of transactions, construction costs and capital expenditures, supply and demand for Woodside’s products, development, completion and execution of Woodside’s projects, the expected benefits, cash flows and rates of return or other future results of investments, strategies and transactions, the payment of future dividends and the amount thereof, future results of projects, operating activities and new energy products, expectations and plans for renewables production capacity and investments in, and development of, renewables projects, expectations and guidance with respect to production, production costs and other costs, capital expenditure, abandonment expenditure, exploration expenditure and gas hub exposure, trends in commodity prices and currency exchange rates, adoption and implementation of new technologies and expectations regarding the achievement of Woodside’s Scope 1 and 2 greenhouse gas emissions target (in each case on a net equity or gross equity basis as specified) and other climate and sustainability goals. All statements, other than statements of historical or present facts, are forward-looking statements and generally may be identified by the use of forward-looking words such as “aim”, “anticipate”, “aspire”, “believe”, “enable”, “estimate”, “expect”, “forecast”, “foresee”, “guidance”, “intend”, “likely”, “may”, “objective”, “outlook”, “pathway”, “plan”, “position”, “potential”, “project”, “schedule”, “seek”, “should”, “strategy”, “strive”, “target”, “will” and other similar words or expressions.

Forward-looking statements in this report are not guarantees of future events or performance, but are in the nature of future expectations that are based on management’s current expectations and assumptions. Those statements and any assumptions on which they are based are subject to change without notice and are subject to inherent known and unknown risks, uncertainties, contingencies and other factors, many of which are beyond the control of Woodside, its related bodies corporate and their respective officers, directors, employees, advisers or representatives. Important factors that could cause actual results to differ materially from those in the forward-looking statements and the assumptions on which they are based include, but are not limited to, fluctuations in commodity prices, actual demand for Woodside products, currency fluctuations, geotechnical factors, drilling and production results, gas commercialisation, development progress, operating results, engineering estimates, reserve and resource estimates, loss of market, industry competition, pace of technology developments, sustainability and environmental risks, climate related transition and physical risks, safety and personnel risks, changes in accounting standards, economic and financial markets conditions in various countries and regions, the actions of third parties, project delay or advancement, regulatory approvals, political risks and the impact of armed conflict and political instability (such as the ongoing conflicts in Ukraine and in the Middle East) on economic activity and oil and gas supply and demand, cost estimates, legislative, fiscal and regulatory developments, including those related to the imposition of tariffs and other trade restrictions, and the effect of future regulatory or legislative actions on Woodside or the industries in which it operates, including potential changes to tax laws, the impact of general economic conditions, inflationary conditions, prevailing exchange rates and interest rates and conditions in financial markets and risks associated with acquisitions, mergers, divestitures, and joint ventures, including difficulties integrating or separating businesses, uncertainty associated with financial projections, restructuring, increased costs and adverse tax consequences, and uncertainties and liabilities associated with acquired and divested properties and businesses.

A more detailed summary of the key risks relating to Woodside and its business can be found in the “Risk factors” section of Woodside’s most recent Annual Report released to the Australian Securities Exchange and in Woodside’s most recent Annual Report on Form 20-F filed with the United States Securities and Exchange Commission and available on the Woodside website at https://www.woodside.com/investors/reports-investor-briefings. You should review and have regard to these risks when considering the information contained in this report.

If any of the assumptions on which a forward-looking statement is based were to change or be found to be incorrect, this would likely cause outcomes to differ from the statements made in this report.

Investors are strongly cautioned that forward-looking statements are subject to significant uncertainties and may not prove to be correct. Actual results or performance may vary materially from those expressed in, or implied by, any forward-looking statements. None of Woodside nor any of its related bodies corporate, nor any of their respective officers, directors, employees, advisers or representatives, nor any person named in this report or involved in the preparation of the information in this report, makes any representation, assurance, guarantee or warranty (either express or implied) as to the accuracy or likelihood of fulfilment of any forward-looking statement, or any outcomes, events or results expressed or implied in any forward-looking statement in this report. All forward-looking statements contained in this report reflect Woodside’s views held as at the date of this report and, except as required by applicable law, neither Woodside, its related bodies corporate, nor any of their respective officers, directors, employees, advisers or representatives nor any person named in this report or involved in the preparation of the information in this report intends to, undertakes to, or assumes any obligation to, provide any additional information or update or revise any of these statements after the date of this report, either to make them conform to actual results

 

 

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or as a result of new information, future events or results, changes in Woodside’s expectations or otherwise. Past performance (including historical financial and operational information) is given for illustrative purposes only. It is not necessarily a reliable indicator of future performance, including future security prices.

Other important information

Unless otherwise stated, all:

 

  •  

figures are Woodside share for the quarter ending 30 September 2026;

 

  •  

references to dollars, cents or $ in this report are to US currency; and

 

  •  

references to ‘Woodside’, ‘the company’, ‘the Group’, ‘we’, ‘us’ and ‘our’ refer to Woodside Energy Group Ltd and its controlled entities as a whole.

 

Glossary, units of measure and conversion factors

Refer to the Glossary in the Half-Year Report 2026 for definitions, including carbon related definitions.

 

Product    Unit    Conversion factor

Natural gas

   5,700 scf    1 boe

Condensate

   1 bbl    1 boe

Oil

   1 bbl    1 boe

Natural gas liquids

   1 bbl    1 boe

Ammonia

   1 metric tonne    3.68 boe

 

     
Facility    Unit    LNG Conversion factor

Karratha Gas Plant

   1 tonne    8.08 boe

Pluto LNG Gas Plant

   1 tonne    8.34 boe

Wheatstone

   1 tonne    8.27 boe

The LNG conversion factor from tonne to boe is specific to volumes produced at each facility and is based on gas composition which may change over time.

 

Term    Definition

bbl

   barrel

bcf

   billion cubic feet of gas

boe

   barrel of oil equivalent

GJ

   gigajoule

kT

   thousand metric tonnes

kT/d

   thousand metric tonnes per day

NGL

   natural gas liquid

Mbbl

   thousand barrels

Mbbl/d

   thousand barrels per day

Mboe

   thousand barrels of oil equivalent

Mboe/d      

   thousand barrels of oil equivalent per day

Mcf

   thousand cubic feet of gas

MMboe

   million barrels of oil equivalent

MMBtu

   million British thermal units

MMscf/d

   million standard cubic feet of gas per day

Mtpa

   million tonnes per annum

PJ

   petajoule

scf

   standard cubic feet of gas

TJ

   terajoule

 

 

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