WA's Ungani Oil Field on Track for Production Startup in Mid-July

The Buru Energy Ltd.-Mitsubishi Corp. Joint Venture (JV) received the production licenses for the Ungani oil field in Western Australia's Kimberly region following the execution of Native Title Agreements with the Nyikina Mangala, Karajarri Yanja and Yawaru people, Buru Energy said Monday.

The company indicated that the production licenses authorize the JV to produce oil from the Ungani field, where facility upgrades required for the commencement of commercial oil operation are almost complete. Buru added that the final documentation required by the Western Australian Department of Mines and Petroleum is expected soon and startup of production is on track for mid-July.

"Ungani is the first commercial oil production in the Canning Basin since the original Blina discovery in 1981 ... We have a comprehensive oil exploration program currently underway and we are confident that Ungani will be the first of many more discoveries as we unlock the potential of the basin," Buru Energy Chairman Eric Streitberg said in the press release.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  LyondellBasell Plans Its Largest Inves... (Jul 21)
 -  Preparing a Mechanical Engineering Res... (Jul 19)
 -  Tesoro Signs Deal with Pemex to Enter ... (Jul 19)
 -  Irish Gas Grid Could Receive LNG from ... (Jul 19)
 -  What's It Take to Land a Job as a Petr... (Jul 14)


Most Popular Articles

From the Career Center
Jobs that may interest you
Technical Services Manager - Production Chemicals
Expertise: Chemist|Production Engineering|Stimulation
Location: Midland, TX
 
United States Houston: R&D Cementing Engineer - Petrophysical Applications
Expertise: Chemical Engineering|Mechanical Engineering|Petroleum Engineering
Location: Houston, TX
 
United States Houston: Application Evaluation Specialist
Expertise: Drilling Engineering|Field Development
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
Updated in last 24 hours