Western Gas Pty Ltd announced in May 2018 that it was looking for a partner to be part of a joint venture to develop the Equus gas project. The company is looking for proposals from other parties to join it in the development.   The company reported that it was looking for a partner upon completion of Basis of Design. The company is now looking to accelerate development of the asset.Â  The company is looking to move towards FEED, which will be entered once initial gas sales agreements are made.Â  FID will follow and is currently planned for late 2019, with first gas from the project then scheduled for 2023.Â  Western Gas reported that Equus could supply a quarter of Western Australia domestic gas supply, or 2MMtpa LNG for a period of 20 years.  The development scenario being planned for the project will see an offshore Floating Production Storage and Offloading (FPSO) facility, with a 220 km pipeline to shore, transporting dry gas to a facility near Onslow, Western Australia.Â  Western Gas is currently looking at contracting services to undertake the development including drilling, subsea activities and infrastructure completion.  The Equus asset consists of nine main discoveries in retention lease WA-70-R: Mentorc, Bravo, Nimblefoot, Chester, Glencoe, Glenloth, Briseis, Hijinx and Rimfire. Western Gas has indicated it will also include the Snapshot discovery, in adjacent permit WA-474-P.    Western Gas acquired the Equus Project fields, as well as some surrounding permits, from Hess Corporation in late 2017 on Hessâ Australia exit. Western Gas holds 100% interest and operatorship of the project asset and is looking for a partner in the development phase.
Australia, WA-70-R