INPEX Concludes Exploratory Drilling Offshore Shimane and Yamaguchi Prefectures in Japan[PDF:277.2 KB]
September 02, 2022 at 02:18 am EDT
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Public Relations Group, Corporate Communications Unit
Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332 JAPAN
September 2, 2022
INPEX Concludes Exploratory Drilling Offshore Shimane and Yamaguchi
Prefectures in Japan
Tokyo, Japan - INPEX CORPORATION(INPEX) announced it completed exploratory drilling operations (hereinafter "Project") offshore Shimane and Yamaguchi prefectures in Japan on August 26, 2022. The operations, which began on May 5, 2022, were carried out through INPEX Sanin Offshore Development Co., Ltd., a subsidiary tasked with conducting exploration and development operations.
The Project involved conducting exploratory drilling to a depth of approximately 3,440 meters below sea level at a location approximately 130 kilometers northwest of Shimane Prefecture and approximately 150 kilometers north of Yamaguchi Prefecture, with the understanding and cooperation of the local communities.
While the presence of natural gas and crude oil was detected in a deeper section of the well, INPEX currently evaluates the volume of hydrocarbons as insufficient for commercial production. The company will pursue analysis and evaluation of data collected through the Project and continue its studies of the offshore area.
About the Project
Approximately 150 kilometers north of Yamaguchi Prefecture and
Location
approximately 130 kilometers northwest of Shimane Prefecture; water depth
approximately 240 meters
Period
May 5, 2022 to August 26, 2022
Map of location
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Public Relations Group, Corporate Communications Unit
Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332 JAPAN
About INPEX
INPEX CORPORATION is Japan's largest exploration and production (E&P) company, and is currently involved in projects across multiple continents, including the Ichthys LNG Project in Australia as Operator. By thoroughly making its oil and gas business cleaner while expanding its 5 net zero business areas, INPEX aims to provide a stable supply of diverse and clean energy sources including oil, natural gas, hydrogen and renewables as a pioneer in energy transformation. For more information, visit https://www.inpex.co.jp/english/index.html.
Media Contact: INPEX Tokyo Office, Public Relations Group, Tel) +81-3-5572-0233
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Inpex Corporation published this content on 02 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 September 2022 06:17:02 UTC.
Inpex Corporation is one of the Japanese largest oil groups. Net sales break down by activity as follows:
- production et distribution of oil (76.4%): 120.1 million barrels sold in 2021;
- production et distribution of natural gas (22%): 13.2 billion m3 sold;
- liquefied petroleum gas production (0.3%);
- other (1.3%).
Net sales are distributed geographically as follows: Japan (10.5%), Asia and Oceania (28.5%), Middle East and Africa (49.7%), Europe and CIS (9.4%) and Americas (1.9%).
INPEX CORPORATION 
