Anoa Phase 4 project progressing well: Premier
Thursday, July 12 2012 - 09:14 AM WIB
UK oil, gas firm Premier Oil reported that the Anoa Phase 4 project, which is the largest of a number of engineering campaigns aimed at enhancing the Anoa facility, within its Natuna Sea Block A is progressing well.
The construction barge is expected to arrive at the Anoa field later this month to prepare the platform for the installation of the compression upgrade modules. These modules are currently under construction at a site near Jakarta with installation remaining on track for mid-August.
The Anoa Phase 4 project will develop around 200 bcf of undeveloped proven reserves and is expected to be completed in 2013.
Earlier this year, in Indonesia, Premier successfully tested the deeper Oligocene Lama Formation, beneath the Anoa field. Studies are ongoing to determine the potential extent of this discovery. This work will be completed towards the end of 2012 with a follow-on exploration well planned for the second half of 2013.
Editing by Dadan Wijaksana