ConocoPhillips condensate production from Natuna drops on FPSO problem

Condensate production from ConocoPhillips-operated Belanak field in Natuna Block B PSC dropped sharply to 30,000-40,000 BPD from peak production of 100,000 BPD due to damages in the field?s Field Floating Production Storage and Offloading (FPSO), upstream oil and gas regulator (BPMIGAS) Chairman Kardaya Warnika said Monday.

Kardaya said in Jakarta that repair works on the facility is expected to be completed by the end of the month.

The field currently produces crude and natural gas. Natural gas production is exported via pipeline to Singapore and Malaysia.

The Natuna Block B encompasses the Belida, Sembilang crude oil fields and the Belanak fields, which started crude production last year. The block also includes the Tembang, Belida, Keong and Kijing natural gas fields, which began production in 2002 to support sales agreements totaling 2.5 trillion cubic feet with Singapore and Malaysia.

ConocoPhillips is the operator of the Block B contract area, with 40 percent interest. Partners include INPEX Natuna Ltd (35 percent) and Chevron (25 percent). (godang)