PetroChina discovers new gas reserves in West Papua
Oct 22, 2011 12:00 AM
China-based oil firm PetroChina International (Bermuda) announced it had discovered new gas and condensate reserves in North Klalin, West Papua.
The company said the recent test result of North Klalin-1 exploration well showed that the well produced 5.867 mm cfpd of gas with 137 barrels of condensate per day. The well was drilled in June 2011 and completed in September 2011.
The discovery was expected to increase the company’s gas production, which currently stands at 7,000 boepd.
“The success of the discovery well is anticipated to be followed by drilling delineation and development wells,” a statement said.
