Greater Pluto 4D seismic and well performance data
Woodside has completed a review of the reserves and resource estimates for the Greater Pluto region. Excluding 2021 production to date, the 1P Total reserves have increased by approximately 10% and the 2P Total reserves have decreased by approximately 10%.
The review follows completion of integrated subsurface studies incorporating 4D seismic and well performance data. The updated estimate has been calculated based on a probabilistic method. Previously a deterministic method had been used to calculate the reserves and resource estimates for the Pluto-Xena fields.
The reclassification of Pyxis Hub reserves from undeveloped to developed is due to achieving ready for start-up (RFSU) in October 2021 for the Pyxis and Pluto North wells.
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