Woodside Begins Trion Drilling, Eyes First Oil By 2028

Benzinga_recent_news03-09

On Monday, Woodside Energy Group Ltd. (NYSE:WDS) announced that the company has officially commenced drilling at the Trion Field, a major ultra-deepwater project in the Gulf of Mexico, in partnership ...

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(NYSE:WDS) announced that the company has officially commenced drilling at the Trion Field, a major ultra-deepwater project in the Gulf of Mexico, in partnership ...</p>\n\n<a href=\"https://www.benzinga.com/markets/large-cap/26/03/51133194/woodside-begins-trion-drilling-eyes-first-oil-by-2028\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WDS","symbol_name":"Woodside Energy Group Ltd","start_time":0,"source_url":"https://www.benzinga.com/markets/large-cap/26/03/51133194/woodside-begins-trion-drilling-eyes-first-oil-by-2028","article_id":"2618620476","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/03/09/Oil-Production-Rig-In-The-Sea--Landscape.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/large-cap/26/03/51133194/woodside-begins-trion-drilling-eyes-first-oil-by-2028","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2618620476","pubTimestamp":1773070620,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Woodside Energy (WDS) begins drilling at the Trion Field in the Gulf of Mexico. A major deepwater milestone for Mexico and PEMEX.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"WDS":"Woodside Energy Group Ltd","BK4213":"石油与天然气的勘探与生产","FID":"First Trust S&P International Dividend Aristocrats ETF"},"translate_title":"伍德赛德开始Trion钻探，预计到2028年开采第一批石油","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WDS":1,"FID":1},"content_text":"On Monday, Woodside Energy Group Ltd. (NYSE:WDS) announced that the company has officially commenced drilling at the Trion Field, a major ultra-deepwater project in the Gulf of Mexico, in partnership with Petróleos Mexicanos (PEMEX).\nThis marks a significant milestone. It follows the project’s Final Investment Decision (FID) made in 2023.\nWoodside Acting CEO Liz Westcott highlighted the project’s national importance.\n“The start of the drilling program represents a milestone for the Trion Project and for Mexico’s deepwater oil and gas sector,” Westcott said.\n“It underscores the strength of our collaboration with PEMEX and our shared commitment to delivering this world-class project safely and efficiently.”\nThe campaign includes 24 subsea wells. They will connect to a floating production unit (FPU) named Tláloc.\nTláloc carries a nameplate capacity of approximately 100,000 barrels per day.\nProduction will transfer to a floating storage and offloading (FSO) facility named Chalchi, with a storage capacity of 950,000 barrels.\nTransocean’s drillship Deepwater Thalassa will execute the wells. The vessel arrived in Mexican waters on March 5. Supply logistics operate from ports in the state of Tamaulipas, boosting regional supply chains.\nWoodside Vice President for Trion, Stephane Drouaud, credited the project team’s execution.\n“The progress we are seeing at Trion reflects the dedication and expertise of our project team and partners who have worked tirelessly to advance this development,” Drouaud said.\nThe project remains on schedule. First oil is targeted for 2028.\nOver the life of the project, Trion is expected to deliver more than $10 billion in taxes and royalties to Mexico. It will also create direct and indirect employment and expand opportunities for Mexican suppliers.\nWoodside holds a 60% participating interest in Trion and operates the project. PEMEX holds the remaining 40%.\nWDS Price Action: Woodside Energy Group shares were down 1.84% at $21.93 at the time of publication on Monday. The stock is trading near its 52-week high of $22.44, according to Benzinga Pro data.\nPhoto by DenisSergeeich via Shutterstock\nThis content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"productRelease","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2618620476","isCrawlerRequest":true}