Woodside narrows 2026 production guidance to 174-185 MMboe

Reuters2026/07/29 03:21

By:Reuters

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Woodside narrowed 2026 total production guidance to 174-185 MMboe from 172-186 MMboe on improved certainty from sustained performance.
Second-quarter output totaled 41 MMboe; Sangomar reliability reached 99.3%, Shenzi reliability reached 99.2%.
Capital expenditure guidance held at USD 4-4.5 billion; abandonment spend forecast at USD 500-800 million.
Exploration spending outlook unchanged at about USD 200 million; production costs guidance maintained at USD 1.5-1.8 billion.
Scarborough Energy Project remained on track for first LNG cargo in Q4 2026; Louisiana LNG continued targeting first LNG in 2029.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Woodside Energy Group Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260728729733) on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Woodside narrows 2026 production guidance to 174-185 MMboe

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