Jan 19 (Reuters) - Woodside Petroleum Ltd WPL.AX :
* Fourth quarter 2016 report
* Annual production result of 94.9 MMboe, 3% higher than 2015 and second highest ever achieved
* Qtrly sales revenue up on previous quarter driven by strengthening oil price
* Woodside's 2017 forecast production range is 84 -90 MMboe
* Qtrly sales 24.2 MMboe versus 25.2 MMboe last year
* 2016 capital expenditure was US$1.4 billion, more than US$250 million lower than previous guidance
* Q4 production 23.8 MMboe versus 24.9 MMboe last year
* Q4 total sales revenue $1.01 billion versus $1.11 billion last year Source text for Eikon: Further company coverage: WPL.AX