OPERATIONS

Woollybutt back online after FPSO refit

Following installation of the new swivel assembly on the FPSO vessel “Four Vanguard” the reconnection to the Woollybutt Oil Field has been completed and is currently producing at around 30,000 bopd. The wells will be monitored for the next few days with a view to ramping up.

Woollybutt back online after FPSO refit

The Four Vanguard disconnected from production on 17 March sailed to Singapore for installation of the new swivel assembly and it was initially anticipated that the installation and sailing time to and from Singapore would take approximately 30 days to complete.

Whilst the FPSO returned to the field on 28 April, some additional unexpected delays were experienced in reconnecting to production due to difficulties encountered in gathering the mid-depth mooring buoy into the moonpool of the FPSO. Consequently, production recommenced 6 May.

Causes of the delays are under investigation to ensure future smooth and quick reconnection.Joint Venture Participants in WA-25 –L are Tap Oil 15%, Eni Australia (Operator) 65% and Mobil Australia Resources Co. 20%.

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