The federal government-targeted draft environmental impact statement for the project, released yesterday, found that FLNG was the "most likely commercially viable option".
The document did not release the targeted production of the project, with Woodside saying the FLNG development was nearing completion of the Basis of Design phase.
In its latest project timing schedule, Woodside said the front-end engineering and design phase would finish 12 months post-BOD completion.
A final investment decision is expected afterwards and offshore drilling for the project is tipped to start an additional two years later. Commissioning of the FLNG facilities is expected 5-8 years after a successful FID and the operation is slated to last 40-50 years.
Woodside said the pre-FEED work program will determine the major parameters for the project and give the joint venture an informed position to consider a FEED entry position.
"In support of this, the Browse JV participants submitted applications for renewal of the Browse retention leases on 20 June 2014 with a proposed work program to remove the barriers to commercialisation that in turn would enable the Browse JV participants to consider FID," Woodside said.
Woodside did provide some scope on the possible production. It said up to three FLNG facilities were planned to develop the Brecknock, Calliance Torosa fields.
Each could produce 3.9 million tonnes per annum of LNG and between 17,000 and 22,000 barrels per day of condensate.
Consequently the project could potentially target up to 11.7Mtpa of LNG and up to 66,000bcpd.
Woodside also raised the prospect of moving one of the FLNG facilities around the three targeted Browse Basin reservoirs.
It said there could be a potential relocation of one FLNG facility between the Brecknock and Calliance reservoirs and the Torosa reservoir around the middle of the project's life.
"In this scenario, it is anticipated that there may be two FLNG facilities located at the Brecknock and Calliance reservoirs for approximately half the reservoir life, and two facilities located at the Torosa reservoir for approximately half the reservoir life."
The project hosts about 14.9 trillion cubic feet of dry gas and 441.2MMbbl condensate.
Development includes establishing three drill centres at the Brecknock and Calliance fields, five centres at Torosa and building other subsea infrastructure including manifolds, flowlines, umbilicals, risers and moorings.
About 64 production wells are planned, tapping the reservoirs at depths of 3500-4500m below sea level.
Each 488m long by 78m wide FLNG facility is expected to house 120 personnel but will have capacity for 340 for peak times.
The project is expected to have a capital expenditure budget of more than $A40 billion and create 1000 operational jobs.
The Australian Financial Review also said most of the construction phase jobs will be in South Korean shipyards where the FLNG vessels will be built.
The public comment period for the draft EIS runs from today to December 19.
Also in Browse FLNG JV are BP, Japan Australia LNG and PetroChina.
