Woodside (WDS) Issues Reserves Statement and Financial Updates
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WDS Releases Reserves Statement & Financial Updates
February 15, 2024 2:02 AM ESTStrategic merger with BHP Petroleum delivered high-quality resources and record production in 2023Top quartile proved reserves life against peer group. 158% of production replaced by proved plus probable reserves added in 2023Reserves additions from deepwater projects sanctioned in the Gulf of Mexico and improved performance in North West Shelf and Pluto, partly offset by reserves reductions in ShenziExpected impairments associated with the goodwill and purchase price allocated to Shenzi at the time of the merger with BHP Petroleum, and Wheatstone short-term pricing, to be included in 2023 full-year financial... More
