Husky Energy considering Madura Straits PSC development options

Canadian oil and gas company Husky Energy is considering gas development options in Madura Straits PSC, including to combine the MBH field with MDA in a cluster development, the company announced on Thursday.

Previously, the company has reported that it had discovered more gas at its MDA field in Madura Straits PSC offshore East Java. The MDA well was tested at an equipment-restricted rate of 18.7 MMCFD. A Plan of Development for the MDA field is expected to be filed in 2012.

Also in the block, drilling of the MBH-1 exploration well commenced and is expected to be completed in the fourth quarter of 2011, it added.

Meanwhile, the company also reported that tendering of equipment and services for the Madura BD field development in the block is underway with first gas production expected in 2014.

In 2007, Husky signed gas sales agreements with three local companies for the sale of 100 million cubic feet per day of natural gas produced from Madura Strait PSC

Husky holds a 40% working interest in the block which is operated by CNOOC. (romel)