First Oil Production from the Van Gogh Field, Offshore Western Australia

Posted 17 February 2010

The Van Gogh Field was discovered in 2003 at a water depth of approximately 400m, some 50km northwest of the coastal township of Exmouth, Western Australia.

The field has been developed with ten production wells, two water injection wells and one gas injection well. The produced oil is processed and stored on a floating production, storage and offloading (FPSO) vessel “Ningaloo Vision”.

INPEX Alpha, Ltd. owns a 47.499% participating interest in the Van Gogh project and Apache Corporation owns the remaining interest as the operator.

INPEX has continued to carry out active exploration and development activities in Australia including the Ravensworth oil field development and the large scale Ichthys Project. INPEX is also conducting production activities in the Bayu-Undan gas/condensate field in an area jointly administered by Timor Leste and Australia and the operations of the LNG facilities in Darwin, Northern Territory, Australia.

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INPEX is committed to recognising and respecting Aboriginal and Torres Strait Islander peoples whose cultures have existed in Australia for more than 65,000 years.

In particular, we acknowledge the Larrakia people as the recognised Traditional Owners of the land and waters where Ichthys LNG onshore facilities are located, in addition to the Whadjuk Nyoongar people on whose lands our Perth office is situated. Furthermore, Broome and Djarindjin are important logistical locations for transit of our offshore workforce, and we therefore extend our acknowledgement to the Yawuru, Bardi and Jawi peoples, respectively.

INPEX acknowledges the important role Aboriginal and Torres Strait Islander peoples continue to play in the development of our business in Australia and pay our respects to their Elders – past and present.