Santos strikes off Indonesia

Australian gas major Santos has made a shallow-water gas discovery in Indonesia near its producing Maleo field.

The Peluang-1 exploration well has been plugged and abandoned as a “new field gas discovery”, said Santos. The well reached total depth of 1126 metres on 14 March and was drilled using Apexindo’s jack-up rig Raniworo in 64 metres of water. No further details on the discovery were immediately available. Peluang-1 lies in the Madura Offshore production sharing contract off East Java, and is owned by operator Santos (67.5%), Malaysia’s Petronas Carigali (22.5%) and Indonesia’s Pantai Madura (10%). Santos said recently that production from the Maleo field “continues to be impacted by capacity restrictions in the East Java gas pipeline (operated by Pertamina) following a rupture of this line during November 2006. However, the situation continues to improve.” Gross production from Maleo during the fourth quarter of 2008 averaged 98 million cubic feet per day, slightly up on the two previous quarters.

Read More


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: