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The Barossa-Caldita assets are within the Bonaparte Basin, located in the Timor Sea approximately 300 kilometres north-northwest of the Northern Territory. We are the operator and hold a 37.5% interest in permits NTRL5 and NTRL6, with co-venturers SK E&S, an affiliate of Korean conglomerate SK Group (37.5%), and Santos (25%).

A 2015 appraisal drilling program saw three wells drilled in the NTRL5 permit area. Results from two of the appraisal wells were in line with our expectations, with one well at the higher end of the expected range. A new 3D seismic acquisition program was completed over both permits in 2016. A further two appraisal wells, Barossa-5 and Barossa-6, were drilled in NTRL5 in 2017. These results better inform us of the size and quality of the field. The data obtained from the appraisal program was integrated into subsurface models to support a Front End Engineering Design (FEED) entry decision in early 2018 for the Barossa Project.

Barossa is an offshore gas and light condensate project that proposes to provide a new source of gas to the existing Darwin LNG facility, subject to suitable commercial arrangements being put in place.

For enquiries about the current drilling program or other activities related to these permits contact us by emailing barossa@conocophillips.com