15 Oil, Gas Projects to Begin Production in 2012

19 December, 2011 | Source: The Jakarta Post

Upstream oil and gas regulator BPMigas announced Sunday that 15 oil and gas projects would begin production in 2012.

The projects are expected to produce a total of 1.15 million standard cubic feet per day (mmscfd) of gas and 32,200 barrels of oil per day (bpd).

The agency’s deputy of operations, Rudi Rubiandini, said the majority of the projects would kick off in mid and late next year.

“The projects will hence contribute 400 mmscfd of gas and 15,000 bpd of oil to the country’s annual production average,” he said in a press statement sent to The Jakarta Post.

Among the 15 projects are the 39th, 40th and 54th projects at the West Madura offshore (WMO) block in East Java, with Pertamina Hulu Energi WMO being the operator. The three projects are estimated to produce 13,600 bpd from the third quarter of next year.

The project at the South Mahakam 1 and 2 fields in the Mahakam block in East Kalimantan will start in the fourth quarter of 2012. The projects, operated by France-based Total E&P, are predicted to contribute 250 mmscfd of gas and 20,600 bpd of oil.

Another big project is the Terang Sirasun Batur field in East Java, which is operated by Kangean Energy and estimated to produce 300 mmscfd of gas in the second half of next year.

 

Indonesian Foreign Minister Retno Marsudi and her Maldivian counterpart Mohamed Asim will hold a bilateral meeting in Jakarta on Wednesday (June 21) to discuss the cooperation in tourism sector.
The United Nations Food and Agriculture Organization (FAO) has praised Indonesia for its role in fighting illegal, unreported, unregulated (IUU) fishing, the Indonesian Embassy in Rome said.
Indonesias real GDP growth is projected to increase from 5.2 percent this year to 5.3 percent in 2018, according to the World Banks June 2017 Indonesia Economic Quarterly.
Jakarta (ANTARA News) - Former president of the United States, Barack Obama, is scheduled to deliver a keynote speech at the opening session of the 4th Congress of Indonesian Diaspora in Jakarta on July 1, 2017.
Jakarta (ANTARA News) - Indonesian Minister of Foreign Affairs Retno Marsudi spoke by phone with her counterparts of the Middle East in a bid to ease the crisis between Qatar and a group of Arab countries.
Tokyo, Japan (ANTARA News) - Indonesian Vice President Jusuf Kalla and Japanese Prime Minister Shinzo Abe discussed accelerating the development of medium-speed railway facilities on the Jakarta-Surabaya route during a bilateral meeting after the 23rd International Forum: Future of Asia.
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu