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Gas|LNG|Oil And Gas|PROJECT|Drilling
Gas|LNG|Oil And Gas|PROJECT|Drilling
gas|lng|oil-and-gas|project|drilling

Bayu-Undan infill development, East Timor – update

Image East Timor map/flag

30th July 2021

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Bayu-Undan infill development.

Location
In the Bayu-Undan field in the Timor Sea, off the shore of East Timor.

Project Owner/s
Bayu-Undan Joint Venture (JV), a JV between oil and gas major Santos (43.4%) following completion of a 25% sell down to SK E&S, with Santos remaining the operator of the project. The remaining interests are held by SK E&S; INPEX, which holds 11.4%; Eni, which holds 11%; JERA, with 6.1%; and Tokyo Gas, with 3.1%.

Project Description
The Phase 3C infill drilling programme comprises three production wells (two platform and one subsea) and will develop additional natural gas and liquids reserves, extending field life, production from the offshore facilities and the Darwin LNG plant. The wells will be drilled using the Noble Tom Prosser jack-up rig.

The programme will add more than 20-million barrels of oil equivalent gross reserves and production at a low cost of supply, as well as extend the life of Bayu-Undan.

Potential Job Creation
Not stated.

Capital Expenditure
$235-million.

Planned Start/End Date
The first well is scheduled to spud in the second quarter of 2021, and production from the first well is expected in the third quarter of 2021.

Latest Developments
Santos has reported that production from the Phase 3C infill drilling programme at the Bayu-Undan field has begun, with the first well producing better than expected.

The first well has been brought online at 178-million standard cubic feet a day of gas and 11 350 bbl/d of liquids, significantly increasing liquids production to more than 25 000 bbl/d from the field and increasing offshore well capacity for supply of gas to the Darwin LNG plant.

Drilling the second of the three wells has now started, with the programme expected to be completed early next year.

Santos has a 43.4% operated interest in Bayu-Undan, with SK E&S holding a 25% interest, INPEX holding 11.4%, Eni holding 11%, JERA holding 6.1%, and Tokyo Gas holding 3.1%

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Santos media enquiries, James Murphy, tel +61 478 333 974 email james.murphy@santos.com.

Edited by Creamer Media Reporter

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