Ipundu is a producing conventional oil field located onshore Australia and is operated by Santos QNT. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block PL 52. Buy the profile here.

Field participation details

The field is owned by Beach Energy and Santos.

Production from Ipundu

The Ipundu conventional oil field recovered 98.23% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 0.38 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2028.

Remaining recoverable reserves

The field is expected to recover 0.02 Mmboe, comprised of 0.02 Mmbbl of crude oil & condensate.

About Santos QNT

Santos QNT Pty Ltd. offers assistance in oil and gas exploration. The firm provides transformative liquefied natural gas as well as oil and liquids enterprises. The company is headquartered in Australia.

For more details on the Ipundu Conventional Oil Field, buy the profile here.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.