MELBOURNE Oct 20 Woodside Petroleum,
Australia's largest independent oil and gas producer, reported a
14 percent rise in third-quarter production from the previous
quarter, beating analysts' forecasts, while revenue rose nearly
As a result, Woodside narrowed its forecast for full-year
production to 92-95 mmboe, tweaking up the bottom end of the
Output in the September quarter rose to 25.2 million barrels
of oil equivalent (mmboe) from 22.2 mmboe in the June quarter,
due to record output at the Karratha gas plant and the Pluto
liquefied natural gas (LNG) operation.
Two analysts had expected production of around 23.5 mmboe.
Revenue rose to $988 million, in line with the two analysts'
forecasts, as oil and gas prices improved.
(Reporting by Sonali Paul)