Project Profile
Value: Undisclosed
Location: Western Australia
Start-up Year: -
Oil production: 350,000 bbls
Water depth: 60 metres
Drillsearch Energy started the Tintaburra Block development drilling with the spudding of the Ipundu-16 development well in 2010. The Tintaburra Block is a joint venture of Santos 89% and DLS 11% and is the company\'s largest production joint venture. The Ipundu-16 is the first of a two well development drilling campaign and marks the recommencement of the development activity in the Tintaburra Block. The company has so far approved the Ipundu-16 well and is considering participation in the Ipundu North-13 well - the second well in the programme. Ipundu-16 is targeting by-passed attic oil in an up dip section in the Ipundu Oil Field within the Tintaburra Block Oil Field complex. The principal target zones remain the Wyandra Sandstone and the Murta Formation. Ipundu-16 is targeting recoverable oil of up to 350,000 bbls (P10).
Operators:
Santos: Operator with 89% interest
DLS: with 11% interest