Woodside reports 2Q:25 results, updates on US activities [pdf download]

PERTH, AUSTRALIA (By Woodside, 23.Jul.2025, Words: 215) — Woodside Energy reported production of 50.1 MMboe (550 Mboe/d) in the second-quarter 2025 (2Q:25), up 2% sequentially compared to the 1Q:25.

Woodside CEO Meg O’Neill said the company continued to demonstrate operational excellence and world-class project execution over the second quarter, with a focus on driving future growth and value. 

“We delivered strong production of 50 million barrels of oil equivalent for the quarter from our diverse portfolio of high-quality assets. At the same time, ongoing focus on cost control has enabled us to lower our unit production cost guidance for 2025.

As we marked the anniversary in June of first oil from Sangomar, the project’s exceptional performance continued to make a strong contribution to quarterly results, with gross production reaching 101 thousand barrels per day at close to 100% reliability. Our outstanding safety record at Sangomar continued, with no recordable injuries during the project’s first year of operations.

Our announcement in April of a final investment decision to develop the Louisiana LNG Project positions Woodside as a global LNG powerhouse, complementing our established Australian LNG business and enabling us to meet growing global demand from a broader range of customers.

Louisiana LNG’s strategic advantages and value-generating potential were demonstrated by key infrastructure, offtake and gas supply agreements entered into during the quarter.”

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