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. Santos currently has a 68.4% interest and operatorship in Bayu-Undan and Darwin the Darwin liquefied natural gas (LNG) plant, which will reduce to 43.4% following completion of a 25% sell down to SK E&S.
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 expected in the third quarter of 2021.
Latest Developments
Santos announced a final investment decision for the Phase 3C infill drilling programme project in January 2021.
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.