Woodside cuts 2026 production guidance to 174-181 million boe
WDS•Woodside Energy cut its 2026 production guidance to 174-181 million barrels of oil equivalent from 174-185 million. Capital expenditure guidance remains $4 billion-$4.5 billion.
1. Production outlook lowered
Woodside Energy cut its 2026 production guidance to 174-181 million barrels of oil equivalent from 174-185 million. The revision reflects lower Beaumont New Ammonia volumes, reduced Okha output and a narrower window for Scarborough’s first LNG cargo.
2. Scarborough schedule
Capital expenditure guidance remains unchanged at $4 billion-$4.5 billion. Scarborough is 99% complete, remains on budget and is targeting its first LNG cargo in the fourth quarter.
