RE: Japan INPEX and ENI5 Dec 2022 11:08
Just seeing who else is in the area Total Energise, Beach and Murphy.
Australia
Main projects
1. The Ichthys LNG Project
2. Prelude FLNG Project (WA-44-L)
3. Bayu-Undan Project
The Ichthys LNG Project and Surrounding exploration blocks
Ichthys LNG Project
Contract area
(block) Project status Production capacity Venture company
(established) Interest owned
(*Operator)
WA-50-L/
WA-51-L In production LNG: Approximately 8.9 million tons per year
LPG: Approximately 1.65 million tons per year
Condensate: Approximately 100 thousand barrels per day (at peak) INPEX Ichthys Pty Ltd
(April 5, 2011) INPEX Ichthys Pty Ltd* 66.245%
TotalEnergies 26.000%
CPC 2.625%
Tokyo Gas 1.575%
Osaka Gas 1.200%
Kansai Electric Power 1.200%
JERA 0.735%
Toho Gas 0.420%
In 1998, INPEX acquired an exploration permit in the block where the Ichthys Gas-Condensate Field is now located, and following development studies including exploration, evaluation, and front-end engineering design (FEED) work, INPEX announced its final investment decision (FID) in January 2012. Following the completion and commissioning of production facilities, INPEX commenced production in July 2018 and later began shipping condensate, LNG, and liquefied petroleum gas (LPG). Stable production has continued since the launch of production in 2018, and 117 LNG cargoes were shipped from the plant in 2021. Maintenance required for safe and stable operations will be conducted for approximately one month, from July to August 2022. Shipments of approximately 10 LNG cargoes per month are expected in fiscal 2022 as well. We are improving the production process to further increase the current annual LNG production capacity of 8.9 million tons and building a framework to stably supply 9.3 million tons per year by 2024.
Introduction of CCS
While maintaining and expanding LNG production, INPEX addresses climate change by considering CCS projects for capture, underground injection and storage of the CO2 emitted from our production operations. Specifically, we plan to drill appraisal wells in northern Australia for implementation of CCS. We will introduce CCS to Ichthys in the late-2020s and aim to start injection of 2 million tons of CO2 per year as a first step.
Surrounding exploration blocks
Contract area
(block) Project status Venture company
(established) Interest owned
(*Operator)
WA-84-R/WA-85-R/WA-86-R Under exploration
(blocks under appraisal on the discovery of gas and condensate) INPEX Browse E&P Pty Ltd
(October 21, 2013) INPEX Browse E&P Pty Ltd 40%
Santos* 60%
WA-56-R INPEX Browse E&P Pty Ltd* 60%
TotalEnergies 40%
WA-80-R INPEX Browse E&P Pty Ltd 26.6064%
Santos* 63.6299%
Beach 9.7637%
WA-281-P INPEX Browse E&P Pty Ltd 29.5%
Santos* 70.5%
WA-74-R/WA-79-R/WA-81-R INPEX Browse E&P Pty Ltd 40%
Santos* 60%
WA-285-P Under exploration INPEX Browse E&P Pty Ltd* 62.245%
TotalEnergies 30.000%
CPC 2.625%
Tokyo Gas 1.575%
Osaka