Woodside Petroleum has boosted reserves estimates at the gas fields lined up to supply the Pluto and Browse LNG projects.
The operator remains cautious about committing to new developments, however.
Net contingent resources in the Greater Pluto region rose 66.8 million barrels of oil equivalent in 2011, it said.
Most of that gas is tied up in the 4.3 million tonnes per annum foundation LNG project, which is due for start-up in March.
Future