Bayu-Undan liquids project approved

11/08/1999
The $1.4 billion Bayu-Undan liquids development project in the Timor Gap has been given the green light by operator Phillips Petroleum Pty. Ltd. and the majority of its partners. First production of liquids is scheduled to begin in late 2003 or early 2004.The field lies in 240 ft of water on Permits ZOCA 91-12 and 13 in the Timor Gap Zone of Cooperation Area (ZOCA) between Australia and Indonesia. Phillips discovered the field in 1995, and BHP Petroleum Pty. Ltd. confirmed an extension that same year. Nine successful appraisal wells have been drilled. The field has been unitized, but in April 1999, BHP sold its Bayu-Undan interest to Phillips.The liquids development project will involve p...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected