Woodside Energy has reduced the upper limit of its 2026 production guidance to 181 million barrels of oil equivalent, down from 185 million, due to tighter timelines for first LNG from its Scarborough gas project and lower output from Beaumont New Ammonia and Okha vessel. Despite a 12% production increase in the September quarter and higher revenue, the company faces reduced contributions from Scarborough before year-end. Scarborough is nearly complete and on track for first LNG shipment in Q4 2026. Woodside is also planning to reduce its stake in Beaumont New Ammonia and continues progress on its Louisiana LNG project, targeting first LNG in 2029, while assessing new wells in Bass Strait amid government gas reservation policies.
Woodside Energy's production outlook update is presented here with Pluang's Energy sector market data for context. Of 79 priced Energy-sector US stocks tradable on Pluang, 43 rose and 35 fell today. Notable movers include EQNR at USD 46.83 with a 1-day change of +4.25% and a typical hold time on Pluang of 59 days, BTU at USD 22.79 down 4.12%, and DK at USD 77.52 up 3.25%. This data is as of Oct 21, 2026 05:41 WIB.
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