Ungani is a producing conventional oil field located onshore Australia and is operated by Buru Energy. The field is located in block EP 391, L 21, and L 20.

Field participation details

The field is owned by Buru Energy and Hainan Mining.


Production from Ungani

The Ungani conventional oil field recovered 63.29% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 1.02 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045.


Remaining recoverable reserves

The field is expected to recover 1.22 Mmboe, comprised of 1.22 Mmbbl of crude oil & condensate and 0.02 bcf of natural gas reserves.


About Buru Energy

Buru Energy Ltd (Buru Energy) is an oil and gas explorer. The company involves in the oil and gas exploration and production in the Canning Basin in the northwest of Western Australia. The company holds interests in the portfolio of petroleum exploration permit. Buru Energy engaged in the development and production of oil in Ungani conventional oilfield, which is located in exploration permit in the onshore Canning Superbasin. The company’s Gas segment is engaged in the exploration of gas concentrated in the Valhalla, Asgard and Yulleroo areas. The company operates in Australia. Buru Energy is headquartered in West Perth, Western Australia, Australia.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.