New oil, gas fields forecast to stem drop in Indonesian output
Indonesia expects 15 new oil and gas fields to start production in 2012, which will help stem a decline in the country’s crude production, the nation’s oil and gas regulator said.
The new fields have total (FP) daily production capacity of 1.16 billion cubic feet of natural gas and 32,500 barrels of oil, Rudi Rubiandini, BP Migas’s deputy of operation, said in a statement yesterday. It’s one of efforts to slow the declining rate in oil output to 3 percent from 12 percent now, he said.
Indonesia’s daily oil output may rise to as much as 950,000 barrels in 2012 from 903,441 barrels this year because of additional production from new fields, Haposan Napitupulu, BP Migas deputy of planning, said on December 16.
The following table shows details of the block and the operating companies as announced by BP Migas yesterday.
New Oil and Gas Blocks in 2012 Block Companies Date Production APN E&F PHE ONWJ 1Q 50 MMSCFD Tambang Subsea ConocoPhillips 1Q 50 MMSCFD Wortel Development Santos 1Q 40 MMSCFD 750 BOPD Terang Sirasun Batur Kangean Energy 2Q 300 MMSCFD Bawal Subsea Total E&P Indonesie 3Q 120 MMSCFD Peciko 7B Total E&P Indonesie 3Q 122 MMSCFD Sisi Nubi 2A Total E&P Indonesie 3Q 122 MMSCFD KE-39,KE-40,KE-54 PHE WMO 3Q 13,600 BOPD KF Gas Booster Star Energy 3Q 10 MMSCFD South Sembakung Gas Plant JOB Medco 3Q 5 MMSCFD Simenggaris Bayan A field Manhattan 4Q 15 MMSCFD 250 BOPD Kampung Baru Gas Plant Energy Equity Epic 4Q 35 MMSCFD Sengkang Kuat Kondur 4Q 9 MMSCFD Seng Gas Plant Phase 2 Kalila Bentu Ltd 4Q 30 MMSCFD South Mahakam 1,2 Total E&P Indonesie 4Q 250 MMSCFD 20,600 BOPD
Category: ResourceAsia
