Indonesia to start five oil and gas projects
Head of BP Migas Priyono said in Jakarta that the five projects will produce 25,000 barrels of oil per day, 745 mm cf
of gas per day, and 6,000 barrels of liquefied petroleum gas (LPG) per day.
"The projects will raise the state's revenues," he said. The five projects are Tunu Phase 11 and Phase 12 of the
contractor Total E&P Indonesie in Mahakam Delta, East Kalimantan.
The two projects had been projected to produce 630 mm cfpd of gas with an investment of $ 663 mm. The other projects
include Seturian Surface Facilities in East Kalimantan being managed by Chevron Indonesia with a designed gas output
of 35 mm cfpd and an investment of $ 22.2 mm.
In the meantime, Oyong Phase 2 owned by Australian oil firm Santos in the Madura Strait and Pasuruan, East Java, have
also started production. With a planned investment of $ 58 mm, Santos is projecting a gas production of 80 mm cfpd.
Finally, the Oil Treating Facilities and LNG Facilities being managed by Hess in Gresik, East Java, worth $ 165.7 mm
with a planned production of 25,000 bpd, and 6.000 thousand barrels of LPG per day.
He also said that the North Belut field, Block B, in the Natuna sea, operated by ConocoPhillips Indonesia, had also
started production on Nov. 16, 2009. Priyono said the production of North Belut had now reached 265 mm cfpd, and
20,000 barrels of oil per day.
The production could still be raised to a maximum of 315 mm cf per day, and 30,000 bpd.
The gas produced in North Belut has been projected to meet 50 % of the sales to Malaysia under an agreement signed in
March 2001.
