Woodside Updates 2025 Guidance: Raises Production To 188–195 MMboe, Cuts Costs To $8.0–8.5/boe, Lowers Capex To $4.0–4.5B, And Lifts Depreciation To $4.7–5.0B

2025-07-23 13:56

2025 full-year guidance

		Prior	Current	Comments
Production	MMboe	186 - 196	188 - 195	Includes the Greater Angostura assets divestment.
Gas hub exposure15	% of produced LNG	28 - 35	No change
Unit production cost	$/boe	8.5 - 9.2	8.0 - 8.5	Strong production and cost performance in H1 2025.
Property, plant and equipment depreciation and amortisation	$ million	4,500 - 5,000	4,700 - 5,000
Exploration expense	$ million	200	No change
Payments for restoration	$ million	700 - 1,000	No change
Capital expenditure16	$ million	4,500 - 5,000	4,000 - 4,500	Beaumont New Ammonia Project completion payment is expected in 2026, first ammonia production is planned for late 2025.