Asset Report
Bayu-Undan (LNG) (Ceased)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Bayu-Undan is a large gas/condensate field that straddles the TL-SO-T 19-12 and TL-SO-T 19-13 blocks (originally JPDA 03-12 and JPDA 03-13 blocks). In August 2019, Timor-Leste resolved its long-standing maritime border dispute with Australia. The border between the two countries was redrawn, and the Joint Petroleum Development Area (JPDA) was transferred to Timor-Leste, along with a small portion of Australia's offshore economic zone. Consequently, Bayu-Undan was placed under Timorese oversight. The LNG development phase consisted of gas export via a 3.5 mmtpa single-train LNG plant located in Australia at Wickham Point, Darwin. Production ceased in June 2025.
Table of contents
- Summary
-
Key Issues
- Wells
- Platform Summary
- CPP
- WHP
- Subsea
- FSO Information
- Key contracts
- Upstream
- 4 more item(s)...
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LNG
- JERA (formerly TEPCO)
- Tokyo Gas
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Australian piped gas sales
- Darwin Power and Water Utility Corporation
- Ring-fencing
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Fiscal Terms under the JPDA
- First Tranche Petroleum
- Cash flow
- Global Economic Model (GEM) file
- Cash Flow
Tables and charts
This report includes the following images and tables:
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Index MapDetail MapBlock Participation
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Reserves (2P) at 01/01/2026Production (2016-2025)Production ProfileCash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - Undiscounted
- 8 more item(s)...
What's included
This report contains:
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