Pertamina discovers oil and gas deposits in Sumatra

Dec 07, 2002 01:00 AM

Indonesia's state oil company Pertamina has discovered gas and oil deposits from the development of new wells in Gunung Kemala village in Muara Enim district, South Sumatra.
Pertamina's general manager for the Upstream Operation Area in South Sumatra, Kun Kurnely, said the deposits of 590 bn cf of gas and 230 mm barrels of oil might be made productive as early as 2004.

Pertamina, he said, oversees some 55 fields spread all over South Sumatra, 32 of which are active. Kun said the wells in these active structures have deposits of 120 mm barrels of oil and 3.68 tcf of gas, with daily production of 14,000 barrels of oil and 250 mm cf of gas.
According to him, the future business prospects of gas are exceptionally promising in South Sumatra.

Source: The Jakarta Post
Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.

Cover_242-width

The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


 

Upcoming Conferences
« September 2018 »
September
MoTuWeThFrSaSu
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Register to announce Your Event

View All Events