Eni awarded Timor Sea block near producing Kitan oil field

Eni SPA has been awarded a production sharing contract on 662 sq km adjacent to Kitan oil field in the Timor Sea in the Joint Petroleum Development area administered by Australia and Timor-Leste.

The PSC in the Flamingo trough area contains the commitment to drill two exploratory wells in the first 2 years and separate options for the drilling of two contingent wells.

Eni has identified a number of oil prospects in the JPDA and indicated that facilities at nearby producing Kitan field could be used in case of a discovery. Water depth in the contract area averages 350 m (see map, OGJ, Apr. 27, 2009, p. 39).

Eni-operated Kitan field went on production in October 2011 about 3-1/2 years after the commerciality declaration. Production peaked at 45,000 b/d of oil in 2012. Eni is operator of the JPDA 11-106 PSC with 40.53% equity in joint venture with Inpex Offshore Timor-Leste Ltd. 35.47% and Timor GAP PSC 11-106 Unipessoal Ltda. (TimorGap) 24%.

Related Articles

INTERNATIONAL BRIEFS

01/01/1990 WESTCOAST ENERGY INC., Vancouver, B.C., agreed to buy the utilities and propane business of Inter-City Gas Corp. (ICG), Winnipeg, Man., for $720 mi...

OWNERSHIP QUESTIONS CAN STYMIE DEVELOPMENT OF COALBED METHANE

01/01/1990 Although the technology exists for commercial recovery of coalbed methane, production has been hindered because of the legal quandary as to ownersh...

OIL FLOW RISING IN E. CHINA REGION

01/01/1990 Production is building from an oil producing area in the lower reaches of the Yangtze River in eastern China's Jiangsu Province. The northern J...

GAS EXPLORATION FANS OUT MIN ARKOMA BASIN

01/01/1990 Gas exploration is heating up in the South Central Arkoma basin's pre-Pennsylvanian formations. Several operators are targeting Siluro-Devonian...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected