The Browse Gas Project includes the Torosa (formerly known as Scott Reef), Brecknock, and Calliance (formerly known as Brecknock South) discoveries. Combined the fields hold an estimated contingent resource exceeding 20 Tcf of gas and 300 million barrels of condensate. The Browse gas fields are located off the Kimberley coast in water depths of between 400 and 800 metres. Torosa and Brecknock were discovered in the 1970s but have not yet been developed because of their remote location, deep water and lack of a ready gas market.

Woodside is currently investigating options for an LNG development to process gas from the Browse gas fields. Development options cover both an offshore and onshore processing plant. Various potential onshore LNG plant options are being reviewed as well as is an innovative engineering option for doing all of Browse's processing, including CO2 separation, offshore on a bottom-founded gravity base structure-cumartificial island. The two onshore options include a new onshore LNG plant plus associated infrastructure in Kimberley, which requires offshore production facilities and a 300-kilometre subsea pipeline; and Karratha, a 900-kilometre subsea pipeline to the North West Shelf Venture´s onshore LNG hub.

Woodside plans to drill up to four more appraisal wells and shoot two 3D seismic surveys next year. It also plans to finish engineering data gathering, as well as environmental baseline and impact assessment studies, select the development concept and start engineering for the project.

Foster Wheeler and WorleyParsons are carrying out a joint study on an offshore liquefied natural gas facility.

The first cargo from Browse could be delivered from 2011-2014 subject to additional appraisal and customer negotiations. This will require a final investment decision to be made around 2008-2010. Woodside is operator and has a 50% interest in the above permits, except for WA-28-R and WA-29-R where we have a 25% interest. BP, BHP Billiton, Chevron and Shell have varying percent holdings in all blocks.