Woodside Energy Ltd was awarded exploration permit NT/P86, located in the Bonaparte and Arafura-Money Shoal basins, on 16 July 2019.Â  The permit has been awarded for a period of six years and it will expire, or be eligible for renewal, on 15 July 2025. The permit has been awarded after being offered as block NT17-1 in the 2017 Offshore Federal Acreage Re-release.  Work commitments have been assigned for the duration of the permitâs validity and will include acquisition of 1,500 km new 2D seismic, seismic interpretation and geotechnical studies in term one to three, between July 2019 and July 2022, 1,000 sq km new 3D seismic in term five, between July 2023 and July 2024 and further geotechnical studies in terms four and six.  The permit has no existing wells within it, but is adjacent to permits containing the Barossa and Caldita gas fields, which are due to be tied back to the Darwin LNG facilities.  NT/P86, which covers an area of 8,340 sq km, was awarded on 16 July 2019.Â  Woodside Energy Ltd holds 100% interest and operatorship of the permit.
Woodside was awarded exploration permit NT/P86.