ALL REGIONS

BHP Petroleum pushes towards record year

THE continued ramp-up of BHP Billiton's recently commissioned Atlantis, Genghis Khan and Stybarro...

This article is 18 years old. Images might not display.

BHP said in its production report for the March 2008 quarter that output had increased 19% on the previous corresponding quarter.

The company added that strong facility and reservoir performance had helped to offset natural field decline, unplanned interruption at the North-West Shelf and the impact of cyclones on activities in Western Australia.

The company's oil production in the Bass Strait was 9.66 million barrels for the nine months to March 31, 2008, down from 10.3MMbbl in the previous corresponding period due to natural field decline.

The group's UK and Algerian liquids production also declined.

In the Gulf of Mexico, BHP's share of production from Atlantis during the March quarter was 3.3 million barrels of oil and 1.54 billion cubic feet of gas while Genghis Khan, which is part of the Shenzi area project, produced 194,000bbl and 60 million cubic feet of gas.

In natural gas, production was down from the December 2007 quarter due to expected lower seasonal gas demand in southeast Australia and the interruption at the North-West Shelf.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

Future of Energy: The Role of Batteries Report 2026

The role of batteries and storage in Australia’s energy transition

editions

Future of Energy Report: Nuclear Power in Australia 2024

Energy News Bulletin’s new report examines what the energy and resources industry thinks of the idea of a nuclear-powered Australia.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.