Bonaparte

A subsea tie-back development project, targeting significant stranded gas reserves in the Timor Sea.

Development project

Production

Gas

Country

Australia

Interest

54%

Project details

The Bonaparte basin of the Timor Sea holds significant gas accumulations. Neptune is operator of the Petrel Field.

Neptune’s Bonaparte development team is appraising the cost-effectiveness of alternative gas supply systems.  Transporting the gas to Darwin via pipeline is one option being investigated.  Darwin hosts significant LNG infrastructure, it has a gas-fired power station and a pipeline is already in place to connect the Northern Territory to markets on the east coast.

Projected first gas TBC

Partners

Petrel – Neptune Energy (54%), Santos (40.25%), Beach Energy (5.75%).

Operator

Neptune Energy