Name of the Project
Trion development.

Location
About 180 km off the Mexican coastline and 30 km south of the Mexico/US maritime border, in a water depth of 2 500 m.

Project Owner/s
Woodside Energy Group is the operator with a 60% participating interest, while Pemex Exploración y Producción holds the remaining 40%.

Project Description
The project will target the development of an estimated 479-million barrels of oil equivalent of best estimate (2C) contingent resource of oil and gas. Trion will include the installation of a 100 000 bbl/d floating production unit, which will be connected to a floating storage and offloading vessel with a capacity of 950 000 bbl of oil.

Eighteen wells (nine producers, seven water injectors and two gas injectors) will be drilled in the initial phase, with a total of 24 wells drilled over the life of the project.

Potential Job Creation
Not stated.

Capital Expenditure
$7.2-billion, which includes the capital expenditure of all 24 wells.

Planned Start/End Date
First oil is targeted for 2028.

Latest Developments
The development is subject to joint venture approval and regulatory approval of the field development plan, expected in the fourth quarter of 2023.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Woodside Energy Group, tel +61 8 9348 4000 or emaicompanyinfo@woodside.com.
Pemex, tel +52 559126 2940 or emailri@pemex.com.