Buru Energy’s conventional oil discovery at Ungani in 2011 was the first onshore oil discovery in Western Australia in 10 years. This was followed up by a discovery at Ungani Far West in early 2016.
The Ungani oil field is located approximately 90 kilometres east of Broome. Buru operates the field and has a 100% interest. The field is located on the Nyikina Mangala Native Title Determination while the majority of the private access road is located on the Yawuru Native Title Determination. Buru Energy has land use agreements in place with all relevant traditional owners.
The Ungani Oilfield is currently operating with a target production rate of 1,200 bopd. Produced oil is to Wyndham Port where it is stored in an 80,000 barrel tank prior to export by ship to refineries in southeast Asia.
Low risk development opportunities at Ungani Oilfield will be pursued in Q4 2017 to target an increase in production rate to 3,000 barrels of oil per day and provide a 50% increase in the Ungani resource base. These low risk development options will focus on side tracking the existing Ungani 3 well in the eastern fault block and drilling the Ungani 4 development well which will recover undrained oil and provide an additional drainage point from the main field closure.
A successful resource upgrade will support the development of a low cost Broome export facility which will add significant value for existing Ungani production and new oil discoveries.
A technical description of the Ungani Field can be found here.