Fletcher Finucane
Location
The Fletcher Finucane oil project is located within WA-191-P in the Carnarvon Basin, offshore Western Australia.
Participants
Santos – 48% effective interest (operator)
Kufpec Australia
JX Nippon Oil & Gas
Project overview
The Finucane South-1A discovery underpinning the project was made in May 2011 and is located approximately seven kilometres to the south of the Fletcher oil field and 16 kilometres east of the Mutineer-Exeter floating production, storage and offloading (FPSO) facility.
The project involves the development of a three-well sub-sea tie back to the existing Santos-operated FPSO at Mutineer-Exeter. The project is expected to extend the economic life of Mutineer-Exeter by up to four years.
Gross proved and probable reserves are estimated at approximately 14 million barrels.
Current status
The $490 million Fletcher Finucane project was sanctioned by the joint venture partners on 13 January 2012.
First production
First oil production is expected in the second half of 2013, at an estimated average gross production rate of 15,000 barrels per day for the initial 12 months.
News announcements
