Jabiru Output To Climb To 25,000 Barrels A Day

Sydney Morning Herald

Thursday May 14, 1987

By ANDREW MAIN, Resources Writer

The Jabiru oilfield in the Timor Sea plans to have a guaranteed daily output of at least 25,000 barrels of oil following a successful production test of the Jabiru 5A well, 1.5 kilometres from existing production facility.

The well, which operator BHP previously said was being prepared for completion, tested 10,000 barrels a day with a flowing tubing head pressure of 459 PSI through a 50 millimetre choke.

The existing facility, which is connected to the converted tanker Jabiru Venture, is pumping oil at just over 15,000 barrels a day so the new well will increase production by 66 per cent for a modest outlay and a tiny increase in recurring costs.

Jabiru oil is sold on the international market, the only non Bass Strait oil in Australia in that category, because of its proximity to Asia.

A BHP statement issued yesterday said the new well would be connected by late July.

Shares in Jabiru, which is in permit AC/L1, include BHP with 50 per cent, Citco Australia (an Esso subsidiary) with 18.75 per cent, Norcen International Ltd with 12.5 per cent, Peko Oil with 10.3 per cent and Ampol Exploration Ltd with 6.25 per cent.

In other oil news, the Cooper Basin partners reported an oil find in a relatively unexplored section of their permit area.

Delhi Petroleum reported that the Dingera 1 well in the 1966 Total block of ATP 259P in south-west Queensland had located 927 metres of oil from a drill stem test of the Jurassic Westbourne formation, between 1,644 and 1,651 metres.

© 1987 Sydney Morning Herald

Back to News Index | Back to Home