Appraisal well confirms Santos' Maleo gas field in Indonesia

Dec 06, 2002 01:00 AM

A successful appraisal well has confirmed Adelaide-based oil and gas major Santos' Maleo gas field in Indonesia could contain up to 400 bn cf of gas. Santos is operator of the offshore production sharing contract south east of Madura Island, East Java, where the Maleo-2 appraisal well flowed at 855,000 cmpd of gas.
Managing director John Ellice-Flint said the result confirmed the field could hold 250 bn to 400 bn cf of gas.
"This is a good result, which confirms the resource potential of the block. Maleo-2's flow-rate is higher than expected, indicating excellent reservoir quality."

Santos farmed into the 4,246 sq km PSC in August last year to increase its exposure to the trend that includes its 45 %-owned Oyong oil and gas discoveries and Anggur prospect.

Source: The Sydney Morning Herald
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