Western Gas is a Western Australian company that was established to develop the Equus Gas Project and provide customers with a new gas supply from 2023.
The company acquired the project from Hess in November 2017. Since 2007 more than US$1.5 billion has been spent on exploration, appraisal, engineering and development planning for the Project.
In May 2018 Western Gas issued a Request for Proposals to secure a world-class project development partner to provide full field development services, including drilling, subsea, offshore processing and a gas pipeline to shore.
Background
Western Gas is taking a new approach to the development of the Equus Gas Project.
Since acquiring the Equus Gas Project in November 2017 Western Gas have focused their efforts on resizing the project to better match the discovered gas resource and to meet customers’ needs for long-term secure contracts and innovative pricing.
Western Gas see the Equus Gas Project as development ready, with exploration and appraisal activities complete, including the drilling of 17 exploration wells resulting in 15 discoveries, the drilling and testing of four appraisal wells and acquisition of more than nine thousand square kilometres of 3D seismic.
Five wells have also been drilled and suspended for future production and Western Gas have significant exploration upside with a portfolio of yet-to-be drilled prospects.
With 100 per cent private ownership of Equus, Western Gas have the flexibility to pursue development options to meet market demand, whether that be for domestic or international gas supply.
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