Woodside narrows 2026 production guidance to 174-185 MMboe - WDS News | RalliesWoodside narrows 2026 production guidance to 174-185 MMboe
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WDS• 2026 production guidance narrowed on improved certainty
- Woodside narrowed 2026 total production guidance to 174-185 MMboe from 172-186 MMboe on improved certainty from sustained performance.
- Second-quarter output totaled 41 MMboe; Sangomar reliability reached 99.3%, Shenzi reliability reached 99.2%.
- Capital expenditure guidance held at USD 4-4.5 billion; abandonment spend forecast at USD 500-800 million.
- Exploration spending outlook unchanged at about USD 200 million; production costs guidance maintained at USD 1.5-1.8 billion.
- Scarborough Energy Project remained on track for first LNG cargo in Q4 2026; Louisiana LNG continued targeting first LNG in 2029.
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