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Santos says output better than expected at Bayu-Undan
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- Santos : Bayu-Undan Phase 3C infill
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The Phase 3C drilling program has commenced offshore Timor-Leste in the Bayu-Undan field.
Santos Ltd (ASX: STO) reported Tuesday that the Phase 3C infill drilling program has commenced offshore Timor-Leste in the Bayu-Undan field.
The program calls for drilling three production wells to develop additional natural gas and liquids reserves, Bayu-Undan Joint Venture operator Santos noted in a written statement emailed to Rigzone. The company pointed out the campaign, which secured a final investment decision this past January, will extend the life of Bayu-Undan as well production from the offshore facilities and the Darwin LNG plant in Australia.
“Only by way of a close and constructive working relationship with the Timor-Leste Government, through the Autoridade Nacional do Petroleo e Minerais (ANPM) and our joint venture partners have we been able to move so quickly towards our shared goal of safely maximizing value from the Bayu-Undan field,” remarked Kevin Gallagher, Santos’
OE Staff Bayu Undan - Credit: ConocoPhillips Australia (File Photo)
Australian oil and gas company Santos has started Phase 3C infill drilling program at the Bayu-Undan field, offshore Timor-Leste.
Under the $235 million drilling program, sanctioned in January, Santos will drill three production wells and will develop additional natural gas and liquids reserves, extending field life as well as production from the offshore facilities and the Darwin LNG plant.
The wells will be drilled using Noble Corporation s Noble Tom Prosser jack-up rig, with the first production expected in 3Q 2021.
“The infill drilling program will add over 20 million barrels of oil equivalent gross reserves and production at a low cost of supply and importantly extends the life of Bayu-Undan and the jobs and investment that rely on it, said Santos Managing Director and Chief Executive Officer
Santos starts phase 3C infill drilling at Bayu-Undan
May 25, 2021 3:36:am
Summary The programme will help to extend field life as well as production from the offshore facilities and the Darwin LNG plant.
by: Shardul Sharma
Posted in:
Santos starts phase 3C infill drilling at Bayu-Undan
Santos on May 25 announced the start of the phase 3C infill drilling programme at the Bayu-Undan field, in Timor-Leste offshore waters.
The programme, given a final investment decision in January this year, comprises three production wells and will develop additional natural gas and liquids reserves, extending field life as well as production from the offshore facilities and the Darwin LNG plant.
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